Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
It is a rather unusual reporting day for me, as one key AP Møller Mærsk Group (APMM) insider – whom I have just nicknamed L. F. Mastermind, as they were instrumental to the full disclosure of Stay Ahead before it was (never) released by the Danish company – told me the reorganisation is not exactly going smoothly, with Damco staff being mostly affected.
(Note for the reader: Bear in mind many Damco executives did well, as they were promoted to the parent to determine the ...
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