Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO
FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO
Singapore headquartered Sea-Lead has appointed former Agility Southeast Asia CEO Henry Schmidl its new MD.
Mr Schmidl has 25 years’ experience in logistics at firms like Agility, Kuehne + Nagel, DB Schenker and CSAV Norasia, based in Europe and North America.
He said: “The market presents many challenges these days, but we also see many opportunities a focused and agile shipping line cantake advantage of. I am confident that the team and I will be able to continue our expansion and offer a wide range of services to our customers.”
Founded in 2017, Sea-Lead operates a fleet of 25 ships, ranging in size from 177 teu to 6,900 teu, on services from Asia to the US, the Mediterranean and the Middle East.
It is a comparatively new operator in the container shipping market, but has grown from a slot charterer to vessel operator within five years and expects to grow further, having recently added the Australia trades to its service list.
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