OceanX: ZIM shaker; Schenker paver; Freightos waver; Flexport...breaker?
Raising the bar
With both K+N and DSV reporting their Q1 numbers last week, a lot of interesting discussions with industry friends ensued, with some rough analysis on the numbers as well as the actual data (see links below). While profits dropped, they were still not too bad, and both seem to be managing the down cycle favourably, with buying cost dropping faster than selling rates, providing them an uptick on gross margins during the quarter.
However, I do remain a marketshare guy, and ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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