Last Friday, I had the pleasure of talking to three senior managers who boast a wealth of experience built over decades. Topics included banking and supply chains; the 4PL model; and, more broadly, liquidity management risk in freight.
Growing impatient …
Redundancies are rife in logistics. In fact, they are rife in most sectors. According to the World Economic Forum, in the second quarter of 2020, Covid-19 could be responsible for the loss of the equivalent of some 305m full-time jobs.…
Last week it was hard to contain the excitement on this side of the Atlantic following the announcement that Peder Winther, ex-Panalpina executive board member, would soon join Ceva Logistics to spearhead its European ocean freight operations.
But I have …
Container freight rates between Asia and Europe are holding firm, thanks to a demand spike and renewed hope of a peak season on the route.
The hopes stem from the unlocking of Covid-19 restrictions in Europe, boosting retail sales predictions.…
Norwegian salmon is off the menu in China.
The Chinese government has imposed a temporary ban on salmon imports from Europe after the recent Covid-19 outbreak in Beijing was traced back to a wet market in the capital, where genetic …
“All but essential” expansion plans and capital spending have been put on hold by container terminal operators that have seen volumes and share prices slashed this year, and a resulting hit to their balance sheets.
“Stock markets have plummeted, seaborne …
Severe port congestion in Cape Town Container Terminal is forcing container lines serving South Africa to redesign sailing schedules and introduce port congestion surcharges for shippers that continue to use the eastern Cape gateway.
Yesterday, CMA CGM announced a $550 …
