More luck than judgment? Top 10 box lines enjoy elusive balance
Something of a sweet spot?
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
According to today’s Splash247, the scrabble for empty containers in export loading locations has grown so acute that MSC is sending two 23,000 teu-plus vessels from Asia to the US west coast to deliver thousands of empty boxes urgently required by North America exporters. The transpacific 2M services, onto which the ULCVs have been deployed, would normally operate 13,000 teu ships. “In a few weeks, America will catch a glimpse of a boxship in excess of 20,000 teu for the first time as drastic measures are put in place around the world to reposition containers in the wake of the coronavirus that has stifled supply chains.”
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