IT problem at Maersk not another cyber-attack, says HQ
Maersk has denied that a communications outage today was a new cyber-attack. The shipping line confirmed ...
Remember our previous Black Monday coverage (“1.0”, as it turns out) just two weeks ago?
The headline from late February is here: “Billions wiped off supply chain value – DSV, APMM, K+N et al…”
And then the sadness we shared on other occasions thereafter (click here and here)?
In other words, the market has turned from BTFD to sell-the-rallies of the past week.
Logistics matters
This being a short and orderly update of how badly things have gone since, the latest stock market hammering comes as I hear ...
EJ: The forwarding metric that matters
Ti: Rhenus acquires the LOXX Group
SCMP: China trade: export surge continued in December, pushing surplus to record high
SCD: Damco is gone. Where do Maersk, forwarders and shippers go from here?
General Motors launches BrightDrop (...) to electrify/improve delivery of goods & services
PR: DP DHL significantly outperforms earnings guidance with record result
PR: XPO Logistics announces senior leadership for logistics segment spin-off
SMW: John Menzies annual revenue falls 37%; achieves operating profit in second half
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