High capacity and low demand will leave ocean carriers on Asia-North Europe routes in a tight spot, with analysts suggesting even mild growth would seem a major victory.
Drewry said that, with demand remaining low, carriers were likely set to …

Government policy on air freight must improve if the UK is to reach its potential as a global leader in the sector.
One industry source told The Loadstar he believed air freight in the UK succeeded “in spite of policy, …

Japanese forwarders were the biggest air freight winners in 2018, according to new data released by WorldACD.
They saw their business increase 7.2%, driven by growth in Asia Pacific and North America.
That was in comparison with the 13 top …

CMA CGM is to attempt to shave $1.2bn off its costs as it consolidates its position following acquisitions.
The French carrier announced the plan as it revealed its 2018 results, which saw record revenues of $23.48bn, up 11.2%.
This, however, …

France’s CMA CGM stole the thunder of Denmark’s AP Møller-Maersk (APMM) and Germany’s Hapag-Lloyd (HL) at the end of last week, as it reported an annual trading update that unequivocally proves that vertical integration of 3PLs services makes a lot …

Happy Mondays.
The M&A talk in the 3PL arena gets better and better every day; yet reading the signs written in the stars has become increasingly difficult, as we are likely several weeks away from any sort of conclusion with …

PRESS RELEASE
03/01/2019
Acquisition further strengthens company’s Global Forwarding business

MINNEAPOLIS–(BUSINESS WIRE)– C.H. Robinson (NASDAQ: CHRW) continues to expand its global network with its announcement of the acquisition of The Space Cargo Group (“Space Cargo”) on February 28, 2019. Space …