Vessel diversions eased congestion at the UK’s container port hubs this week, but much of the cargo discharged at Rotterdam, Antwerp and Zeebrugge will struggle to reach vital Christmas markets.
Ocean carriers have skipped a number of UK calls in …
Airlines are counting on Covid-19 vaccine distribution to save them next year, according to IATA, but the industry should expect more carrier failures in the first half.
Revenues are expected next year to be about 50% of those in 2019, …
Mid-sized forwarders have reported they are gaining customers at the expense of multinationals as Covid-19 forces companies to be more agile and responsive.
A survey published yesterday by Barclays/BOD on the state of logistics confidence notes: “Larger companies have generally …
AP Møller-Mærsk (APMM) CEO Søren Skou deserves a word of praise.
Time flies
Only twelve months ago, with the stock trading at just over Dkr9,000 ahead of a dramatic Covid-19-led plunge (to as low as Dkr4,900 and change), the fear …
“Kerry Logistics Network (KLN) has risen over 90% to a historical high since end-March due to: 1) an improved trade outlook; 2) strong H120 results; and 3) a proposed spin-off of Kerry Express Thailand (KETH). With the stock trading at …
The Commercial Appeal reports:
FedEx plans to house small technology hubs at locations throughout its network that will better handle its computing needs, its chief information officer says, with the first being installed in Memphis inside an air-transport container.
The …
SEEKING ALPHA reports:
– Bank of America is cautious on trucking over concerns in the short term on negative sentiment and rising net truck orders.
– Analyst Ken Hoexter: “As net orders neared peak the prior two cycles, shares of …
