'Doomsday scenario' for forwarders just a post-Covid rate drop blip
The “disappointing results” in Transport Intelligence’s (Ti) Global Freight Forwarding Market Report are a consequence of ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Freight forwarding experienced a steep decline in growth rates during 2018. According to figures from research by Ti, the rate of growth more than halved from 8% to 3.9%, with much of the blame levelled at the troubling trading conditions. Citing the managing director of the IMF, Christine Lagarde, Ti notes that the global economy is in a “delicate moment” as rising trade tensions and the financial tightening seen in the second half of 2018 maintain their grip. While it claims that the slowdown was not surprising, given the “exceptional performance” of 2017, worries abound over the outcome of trade disputes between the world’s superpowers. For contract logistics operators, a 0.1% decline in the growth rate hopefully won’t be keeping too many up at night.
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
Comment on this article