Maersk has upgraded its full-year earnings forecast by 43% and predicts the “exceptional market situation” will continue “well into the fourth quarter”.
However, one rival carrier contact told The Loadstar this morning he was “slightly underwhelmed”.
“I know it might …

The global container availability crisis is unlikely to ease before the end of the year – despite 2021 likely being a record-breaker in terms of new boxes delivered.
According to John Fossey, senior analyst of container equipment at Drewry Shipping …

DP World’s port volumes bounced back in the first quarter, but the company has worries over further supply chain disruptions.
For example, the terminal operator said it was still handling the aftermath of the Ever Given blockage and called on …

UPS’s first-quarter results have rather been overshadowed by today’s DSV’s news, but the parcel expert enjoyed “record financial results” and winning “the best opportunities”.
The headline numbers are consolidated revenues of $22.9bn, up 27% year on year, with daily volumes …

So the base case we outlined on Thursday last week only marginally materialised, as DSV Panalpina is indeed targeting DSV Panalpina (DSV PAN) via new stock buybacks…
… but also, more importantly, the Danish forwarder agreed to take over the …

It’s big news that will shock no one. Some two years after DSV leapt into the list of forwarding superstars with its bold acquisition of Panalpina, it is now adding some $4bn to annual revenues with the acquisition of Agility’s …

PRESS RELEASE 
UPS Releases 1Q 2021 Earnings

April 27, 2021 06:00 ET

Consolidated Revenue Increased 27%; Growth Across All Segments
Consolidated Operating Profit Up 158% to $2.8B, Up 164% on an Adjusted* Basis
Diluted EPS of $5.47; Adjusted Diluted EPS …