Australian forwarders seek aid as surcharges and ‘dumped’ boxes drive costs up
Australian forwarders are on the hunt for government assistance to mitigate surging shipping costs provoked ...
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
The fight for air cargo in Australia is looking quite intense, with Qantas and Virgin Australia jostling for position. Today’s news is from Qantas, which has set aside six domestic freighters for its contracts with Australia Post.
The airline won the A$500m five-year contract last year, much of which is expected to be e-commerce business. Qantas also beat competition from Virgin for Toll’s business. In contrast, Virgin Australia, which set up its own in-house cargo division last year, won TNT’s local business.
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