OceanX: Postcard from 'pretty cool' Shanghai
Just as the US Trade Representative hits hard…
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 ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Transpacific contract rates rise on Trump’s fickle policies
Trump tariffs see hundreds of cancelled container bookings a day from Asia
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