DHL sees H1 profits plummet, but XPO gains momentum in North America
There was a mixed bag of first-half results for two global logistics operators this week: ...
US cargo owners appear to have lost their appetite for investing in the active management of logistics operations.
Back in 2021, with congested networks and transport capacity across all modes woefully lacking demand, cargo owners came to the conclusion that they had to take steps to secure capacity, which culminated in the likes of Walmart and Target chartering containerships.
The subsequent rapid descent of most segments to overcapacity, and collapsing rates, has forced companies to re-evaluate ...
Up to $1.5m fee for every Chinese-built box ship calling at a US port
Carriers warn of cargo disruption due to strikes at Munich Airport
$1.5m China-built ship charge would bring return of US port congestion
MSC switches bigger box ships to higher-paying trades in 'landmark' move
Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
Carriers put on a brave face amid further decline in ocean spot rates
Business calls for end to French port strikes, but unions plan more
Taiwan and South Korea lines don't fear US levy on Chinese ships
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