Flexport , the modern freight forwarder, today announced the launch of Trade Advisory , a service to help its U.S. clients identify cost saving opportunities, explore tariff mitigation strategies, minimize operational risk, and implement best practices for trade compliance amid …

Notwithstanding the significant impact to the bottom line of ocean carriers from the coronavirus outbreak, it is also becoming increasingly apparent that they have failed to pass on all of the extra cost of IMO 2020 cleaner fuel legislation to …

Kuehne + Nagel this morning reported a 9.3% increase in adjusted ebitda for 2019, on the back of higher ocean freight volumes and revenues.
It recorded group annual revenues of Sfr21.1bn (US$21.4bn) last year, a 1.5% increase over 2018, while …

“The stable rating outlook is anchored in our expectations of (1) continued pricing discipline, resulting in prioritisation of sustaining solid profitability; (2) flawless pass-through of the increased bunker costs stemming from IMO 2020; and (3) continued focus on sustaining a …

Luck always plays a part – a rather big one, if you ask me – in any corporate story. How many times have we heard that?
Enter AP Møller-Mærsk (APMM).
By way of background, you probably remember that in late …

Trying to find sweet spots in Agility’s annual results this week – they were a few, well displayed too – I felt vindicated when I shared the view that in its current form, with infrastructure assets and Global Integrated Logistics …

“In a changing market, we continued to see our strategy yield success. In seafreight and overland, our focus on customer service, cost-effectiveness, operational systems, and digitalisation has once again paid off. We managed to keep results stable in the more …