Here’s the latest from VesselsValue:
Time charter rates
The Container market has seen an unprecedented increase in rates since the end of 2020. Container 1 year TC rates have surged to extraordinarily new highs with 8,500 TEU values rising to …
CH Robinson says its board “today declared a regular quarterly cash dividend of 51 cents ($0.51) per share, payable on July 1, 2021, to shareholders of record on June 4, 2021”.
The group added it has distributed regular dividends for …
Oppenheimer & Co. 16th Annual Industrial Growth Conference
Fireside Chat with Brad Jacobs, Malcolm Wilson and Matt Fassler of XPO Logistics
Conducted by Scott Schneeberger, Senior Transportation Services Analyst, Oppenheimer May 5, 2021
1. Scott Schneeberger, Oppenheimer: Good afternoon, everyone. …
Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to Drewry.
The maritime consultant predicts average rates – a blend of spot, contract, backhaul and regional trade rates – will increase …
Even as reefer container freight rates soar, shipping lines are “far from coping” with the seasonal demands of perishables.
According to Drewry, a weighted average of rates across the top 15 “reefer-intensive” tradelanes jumped 26% in the first quarter, following …
Storms and shipping surcharges are heaping misery on cargo owners waiting for freight on Northern Europe’s beleaguered inland waterways.
Over the past fortnight, wait times at Rotterdam’s barge terminal have more than doubled, to 77 hours and, while Antwerp’s congestion …
If you sift through Expeditors’ mesmerising unaudited financials for Q1 21, two factors immediately catch your eye given the latest M&A events in logistics.
Neither indicates that M&A-hungry DSV Panalpina (DSV PAN) went for the wrong target, Agility GIL, although …
