Comment / OceanX: 'Tough transformations are no doubt ahead'

ID 157328245 © Raffi Akbar | Dreamstime.com

The quote of the week over coffee during a sunny Monday morning on my office terrace was certainly: “Once your costs are up it is really hard to get them down again… actually, it’s impossible.“

(And this is part of the current narrative: slowing volumes and declining margins bite, projects shine and west coast negotiations turn sour.)

Cost and efficiency remain a key subject for many in the forwarding industry as a weak Q2 23 is almost coming ...