CH Robinson: freight market update – April 2024
Sourced from CH Robinson, updated 18 April 2024. Top story: Supply and demand imbalance continues to ...
“We continue to have a strong balance sheet and exited the first quarter with over $1.2 billion of liquidity. We remain committed to maintaining our quarterly dividend, and we believe we are well positioned to weather the economic uncertainty in the months ahead.” – CH Robinson CEO Bob Biesterfeld, 28 April 2020.
(More about the performances of its business units can be found here; the earnings conference call material is here, in case you wish to attend today’s event, and this is the link ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
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