OceanX: India Shining + freight rate horror stories = crumbs of comfort
Optimism or realism?
As this Livemint article notes, the sheen has come off Alibaba. As its stock price plunges, the market is asking what will happen in India’s flourishing e-commerce market. With transport and logistics companies establishing themselves to start shifting India’s online retail goods, it’s a fair question. Investors have already put $8bn into Indian start-ups – but now, a little more due diligence is being practised.
Ocean rates ex-Asia under pressure, while PSSs return to the transatlantic
Maersk 'takes a risk' binning historic and well-liked brands
Shipper sues Expeditors for losses due to lack of business plan after cyber-attack
Capacity control by the biggest carriers will prevent rates tumbling further
Bullish MSC continues to strengthen its fleet for life after the 2M
DHL leads freighter exodus from MEX as government ban looms
More blank sailings and detours as ONE’s volumes, earnings, fall
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