This interesting article looks at the integrators’ dimming results and asks whether FedEx’s Fred Smith is right when he says there is a “secular” change away from speedy air cargo services, towards sea freight. CEVA’s Marvin Schlanger disagrees, saying part of the cause is low interest rates and that the charter business, used in emergencies to avoid lost sales, is doing well.
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Airfreight rate relief for shippers, or are things going to 'turn nasty'?
Shippers put more pressure on ocean carriers for carbon-free services
Atlas Air merger with Apollo group finally set to close on Friday
Asia services expanding as logistics players opt for a 'China+1' strategy
Dachser's M&A in air and ocean freight – how serious is that?