Yesterday – before DSV released its interims – I expected to need a day or two to digest its trading update, but reality immediately kicked in when its numbers were announced.
And my very preliminary take was nicely summed up …

Growing safety concerns around the IMO’s 0.5% sulphur cap on marine fuels has led to talk of a period of “permitted noncompliance” following the 1 January implementation.
In addition, Indonesia has announced that, because of the threat of an increase …

Anecdotal reports from forwarders that Lufthansa Cargo has been offering below-market rates in an attempt to boost volumes are supported by the carrier’s poor first-half results. 
Lufthansa’s logistics business shows revenue down 5% to €1.23bn ($1.37bn), while operating expenses rose …

Atlas Air is mirroring its customers by expanding its operations near Cincinnati/Northern Kentucky International Airport (CVG).  
It said it would open a new facility in Erlanger on a long-term lease in 2021, and create nearly 600 extra jobs in Kentucky, …

Traditional freight forwarders are the “true architects” of transport and, with the right tools, can beat fresh competition from digital disruptors and shipping lines. 
According to digital logistics start-up Qwyk, freight forwarders are well-positioned “to provide superior customer service to …

The president of a New Jersey local of the International Longshoreman’s Association, the union that covers dockworkers on the US east and Gulf coasts, has been arrested for bribery. Glenn Blicht faces 20 years in prison, according to this report …

“Due to a number of factors (…), while the business is on course to meet market expectations for revenues in the current year of over £200m,  profit before tax is anticipated to be materially below market expectations.” – Xpediator, 30 …