Return to double-digit spot rate gains looms with new FAK hikes and surcharges
As expected after last week’s surge in spot rate levels, this week saw more modest ...
We’ll get to German matters as swiftly as humanly possible.
Gone
Where to start today is plan vanilla following the news on Monday that CMA CGM and Bolloré have agreed a €5bn logistics deal*.
First off, it gratefully validated our base case concerning ’the rump’, as we labelled Bolloré Logistics (BL) in January last year.
Then, glance at the French seller’s corporate tree, and cancel Logistics forever from the chart below (click to expand it) – its exposure already reduced after the sale of ...
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Return to double-digit spot rate gains looms with new FAK hikes and surcharges
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