The twists and turns of the Panalpina saga continue. The very latest news is that investors have expressed concern over a Panalpina tie-up with Agility, with talks confirmed this morning.
The Swiss forwarder also confirmed a revised – all cash …
As anticipated, container spot rates softened across the major deepsea trades following the Chinese New Year factory holiday.
The Shanghai Containerized Freight Index (SCFI) this week recorded spot rates from Asia to North Europe down 5.6%, to $906 per teu, …
Britain’s wide range of trade relationships may insulate it from some fallout from a no-deal Brexit.
Steven Altman of NYU’s Stern School of Business told The Loadstar that, when it came to trading relationships, developing breadth was “far harder” than …
XPO Logistics yesterday reported double-digit increases in both revenue and profit in its 2018 full-year results.
But the operator warned that a weaker fourth quarter had pushed it to lower its forecasts for 2019.
It reported full-year revenue of $17.28bn, …
Cosco Shipping and Bolloré Logistics have entered a new partnership to “densify” commercial relations, as forwarders continue to get closer to carriers.
The news comes as the French logistics operator reported a 4% upturn in sea freight volumes for 2018.…
(Adds early morning feedback as it comes in)
Surprise, surprise: Panalpina (PAN) today announced the board of directors confirmed “media reports that it is in discussions with Agility Group (AGY) on potential strategic opportunities with regard to their respective logistics …
Alessandro Pasetti for Ti.com: “2018 was a record year for CJ Logistics (formerly CJ Korea Express), which has been adding well over KRW1 trillion ($890m) annually in sales, on average, ever since 2015. To scale up, it is using a …
