OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
ID 155043791 © rNedeljko Barjaktarevic | Dreamstime.com
All bets are off on transport costs as China’s output moves back towards pre-virus outbreak levels.
Amid mounting signs of supply chain disruption and a swathe of cost increases, deadlines for annual contract talks are receding into the future, leaving companies to chart uncertain waters with contingency plans stretched to the limits and beyond.
“There’s a lot of anxiety,” reported John Haber, chief executive of logistics expenditure consultancy Spend Management.
“It’s certainly a tremendous challenge. It’s very hard to predict what’s going to ...
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