Here’s the latest news from AP Møller-Mærsk (APMM), released today @ 16.23 GMT after the market closed (Q3 ’20 results are due tomorrow):
Upgrading the full year EBITDA guidance for 2020
Based on the preliminary financial figures for October and …
“Hell on the high seas” has triggered a new rise in air freight rates after a period of relative stability, say forwarders.
One forwarder called the shipping lines “abusive”, with a strategy that is sending shippers back to air freight.…
There is growing evidence that capacity restrictions on the Asia-Europe ocean trades, in terms of both vessels and equipment, are a direct result of the transpacific demand boom.
According to new research from liner consultancy Sea-Intelligence, recent capacity injections on …
UK container imports offloaded at Antwerp, Rotterdam and Zeebrugge could be stranded for weeks before they can be relayed back, potentially missing out on the Christmas market.
Ships diverted from the heavily congested hub ports of Felixstowe, Southampton and London …
European ports and the operator of the Channel Tunnel say they are increasingly concerned about the efforts of government and the wider supply chain to prepare for Brexit.
Manager of external affairs at the port of Rotterdam Mark Djik told …
REUTERS reports:
Home Depot Inc HD.N said on Monday it would buy HD Supply Holdings Inc HDS.O in a deal valued at about $8 billion, setting itself up to regain control over the industrial materials wholesaler after spinning it off …
Autonomous drone system helps DSV minimise disruption and improve quality of warehouse operations
In a collaboration with tech innovator Verity, DSV is implementing an autonomous drone system in several of its warehouses to help manage inventory.
Inventory management traditionally involves …
