Ocean freight futures insight
All you need to know
What a week again, the wheel just does not stop turning.
First and foremost, ZIM results were out: +11% volume growth for the quarter, +10.4% for the first half (well above our CTS benchmark at +7.1%).
Elsewhere, top of the pops: the DB Schenker sale took another (!!!) step forward, as final binding offers* have been submitted by the survivors in the auction… one from DSV and the other from a consortium led by private-equity shop CVC Capital ...
MSC port arm to buy Hutchison ports including Panama and Felixstowe
Carriers put on a brave face amid further decline in ocean spot rates
'Think again' call – China ship fee would double US export costs
Expect a shift in airfreight market as ecommerce changes tack
K+N 'still number-one' in air and ocean – but it's not all good news
US Chinese ship penalties will hit transatlantic trade hardest – Soren Toft
Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
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