UPS drama – a Premium back and forth on key bits and pieces
Network power
It was last week when we flagged weakness in transport and logistics (T&L) for a couple of noticeable laggards on the stock market this year – enough said, I guess you spotted the new 52-week lows for UPS and JB Hunt.
The latter, in fact, looks particularly vulnerable even at current, depressed levels as intermodal and truckload still struggle in a down cycle with little sign of land transport capacity being materially taken out of the market, while pricing dynamics remain ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article