Small forwarders are winning against top-25 players in the battle for surging spot-buy airfreight volumes.
According to freight marketplace Cargobase, which connects shippers with forwarders, the top 25 forwarders are only winning 30% of the ad hoc airfreight business they …
Shippers must become more accurate with their forecasting, say forwarders, particularly when it comes to air freight.
At a customer event yesterday, Flexport’s head of air freight, Neel Jones Shah, urged shippers: “You need to plan ahead for 2021.”
He …
Hapag-Lloyd has upgraded its full-year earnings guidance by 28% after unaudited third-quarter results came in 17% higher.
The carrier said it now expected a 2020 ebitda of €2.4bn-€2.6bn, up from its previous guidance of €1.7bn-€2.2bn, and follows a preliminary Q3 …
It’s not an epic fantasy trilogy but reality now, as two carriers’ celebrations that started last week enlarged to include a new cheerful member, Israel’s Zim, switching to full binge mode in the past 48 hours.
Now read this (emphasis …
Hapag-Lloyd announced Wednesday that rating agency Moody’s had raised its credit rating “by one notch from ’B1‘ with a negative outlook to ‘Ba3’ with a stable outlook”.
It added:
This is the highest credit rating assigned to Hapag-Lloyd since the …
Industry and government need to stop fighting and work together over the next 11 weeks if the UK is to be prepared for Brexit, a transport select committee was told today.
Director of policy at Logistics UK Elizabeth de Jong …
Supply chains are undergoing a profound transformation, according to DHL and consultant McKinsey.
DHL has published a study entitled Post-coronavirus Supply Chain Recovery, which predicts more diversification of geographies, suppliers and business models as well as a more holistic view …
