C.H. Robinson reaffirms commitment to global forwarding business
The largest US logistics provider claims “compelling results” from cross-selling surface transportation and air and ocean services, despite weak market conditions.
Rapid container rate decline complicates payment picture for shippers
US importers that renegotiated contract rates or shifted to the spot market in the second half of 2022 have also had to adjust to different accessorial charges and transmission formats.
MSC opens more direct port connections for Indian exporters as volumes taper
The expansion of origin-to-destination ocean connectivity with predictable transit time improvements is a boon for Indian exporters trying to find untapped markets for their products amid slowing demand.
DSV books record result for 2022, but warns that bull run for profits is over
Denmark’s DSV collected record profits for 2022, but the forwarder says a return to a more “normal” market has begun.
2M breakup throws carriers’ operating playbook out the window
The breakup of the 2M Alliance opens the door to a few possibilities, including the industry reverting to a competitive scramble for market share, driving down profits and forcing yet another round of M&A activity, writes Peter Tirschwell.
