News in Brief Podcast | Week 11 | Ocean rates down, uncertainty up
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
Not just one, but two forwarders are thought to be up for sale.
UK-headquartered EV Cargo and German digital forwarder Forto.
EV Cargo is the platform company of private equity owner EmergeVest, and was formed in 2018 by bringing together a group of UK companies including Allport, Palletforce, Adjuno and CM Downton.
A sale of EV has been mooted for some time, including via an IPO, but market rumours are getting louder.
One forwarding source said: “I think EmergeVest’s investors are getting bored ...
Transpacific sees first major MSC blanks as rates fall and volumes falter
'It’s healthy competition' Maersk tells forwarders bidding for same business
Opposition builds for final hearing on US plan to tax Chinese box ship calls
White House confirms automotive tariffs – 'a disaster for the industry'
New price hikes may slow ocean spot rate slide – but for how long?
Shippers snap up airfreight capacity to US ahead of tariff deadline
Supply chain delays expected after earthquake hits Myanmar
Tighter EU import requirements proving 'a challenge' for forwarders
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