OceanX: Bonus time for carriers; Asia-Europe rate wars; record volumes
…strike averted, and 2025 optimism
Reporting season saw the heavyweights Kuehne + Nagel (K+N), DSV and DB Schenker (DBS) disclose their Q2 23 figures last week, confirming the downturn is biting into earnings, but still things are better than the most bearish bear in town would have assumed.
(A deeper analysis for all three – based on available disclosure, which is scant with Deutsche Bahn-owned DBS – can be found further down in the highlighted hyperlinks, alongside some of my readings.)
The battle for results between K+N, with ...
US port strike called off as ILA and USMX reach 'tentative' agreement
$7bn infrastructure project heads list of expansion plans for India's busy ports
Alliance reshuffle will increase box ship shortage as carriers hunt 'buffers'
Three new services and a transpacific focus for Ocean Alliance in 2025
Evergreen staff bonuses soar again, as carrier profits triple
Shipping Australia calls for end to 'disruptive' port strikes
Launch of new tariffs 'a speeding train', be ready, US importers warned
Ripples from 2025 CNY 'may still be rocking the boats in summer'
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