On the wires: DSV focusing on organic growth? Shurely shome mishtake!

“In the third quarter of 2020, all three divisions delivered results above our expectations. Market conditions have been better than anticipated across most of our markets, and at the same time we benefit from efficient cost management. We are happy to announce that all material aspects of the Panalpina integration have now been successfully completed and we can now intensify the focus on organic growth.”
– DSV Panalpina (DSV PAN) …

The post On the wires: DSV focusing on organic growth? Shurely...

https://theloadstar.com/on-the-wires-dsv-focusing-on-organic-growth-shurely-shome-mishtake/

Against the odds: ‘Better, not Bigger’ at UPS, just not yet

What’s not to like about a company that posts a 16% year-on-year jump in quarterly revenues?
Umm, better ask UPS investors.
The Atlanta-based integrator released Q3 2020 figures at 0830ET on Wednesday and by 0930, the stock was off almost 7%.
(Premium shameless self-promotion: you’d have been prepared if you had read our Halloween run-up coverage on the eve of the Q3 ’20 results)
The stock – look at the chart above and spare …

The post Against the odds: ‘Better, not Bigger’ at UPS, just not yet...

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Major digital step for NTB as it signs up with Portchain for berth optimisation

North Sea Terminal Bremerhaven (NTB) is the latest operator to sign-up for Portchain’s AI-powered berth optimisation engine, as the industry looks to tech to solve deteriorating schedule reliability.
Portchain claims its software will help NTB plan vessel berthing more effectively and enable sharing of berthing information in real-time with customers.
Thor Thorup, the Copenhagen firm’s chief commercial officer, said: “Berth optimisation is an important step in NTB’s ambitious digitisation...

https://theloadstar.com/major-digital-step-for-ntb-as-it-signs-up-with-portchain-for-berthing-optimisation/

Ocean carriers chasing premium rates are disrupting the supply chain, claims

A shortage of containers rather than space on box ships is the main driver of the unrelenting spike in freight rates on headhaul routes.
Moreover, the focus by carriers to reposition their empty equipment as quickly as possible back to Asia, to take advantage of skyrocketing spot rates, has left exporters around the world scrambling for boxes.
Indeed, one UK-based carrier executive told The Loadstar recently it was “discouraging” its export sales …

The post Ocean carriers chasing premium rates...

https://theloadstar.com/ocean-carriers-chasing-premium-rates-are-disrupting-the-supply-chain-claims/

China-Europe landbridge ‘will become one of the world’s major tradelanes’

DSV’s new intercontinental road bridge between China and Europe aims to take pressure off air freight and increasingly busy rail services – but offers less environmental benefits than rail.
Transit times are between 14 and 18 days, on trucks that are equipped with GPS tracking.
DSV told The Loadstar that, while it was unable as yet to provide figures on potential capacity, it had “a lot available” for the DSV Silkway Express, …

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https://theloadstar.com/china-europe-landbridge-will-become-one-of-the-worlds-major-tradelanes/

TT Club weighs in to help supply chain players with online guidance

Following calls that the supply chain sector needs to take Brexit preparations into its own hands, TT Club has announced the launch of a webpage offering “a wide variety of information that is likely to be of importance”.
The MD of loss prevention at the international freight transport insurer, Mike Yarwood, said: “There will be significant changes to the current processes of moving goods between the UK and the EU.
“All stakeholders involved …

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Container shortages a growing problem for US agriculture shippers

Hapag-Lloyd has dealt a body blow to US shippers of soybeans and other agriculture exports with its decision to suspend carriage of container shipments of their produce from North America.
The suspension is the result of an acute shortage of containers in Asia, as boxes have piled up in US warehouses.
The Specialty Soya and Grains Alliance (SSGA) claimed it had reports that Hapag-Lloyd was acting to move empty containers back to …

The post Container shortages a growing problem for US agriculture...

https://theloadstar.com/container-shortages-a-growing-problem-for-us-agriculture-shippers/

Analysis: CH Robinson in dire straits. Will the rope break?

If there is a tiny little scary consideration to be made on CH Robinson following its third-quarter (Q3 ’20) update released on Tuesday it’s that the 3PL, which is well known for financial discipline, didn’t manage to buck the trend of declining net revenues by accordingly and effectively adjusting its cost base in order to protect profits.
In a nutshell, whatever metrics should have grown in its portfolio didn’t, while all …

The post Analysis: CH Robinson in dire straits. Will the rope break?...

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M&A radar: Prime who? DSV Panalpina warms up for the main course

We all read the full release here before the stock markets opened on Wednesday: DSV Panalpina (DSV PAN) has acquired Denmark’s Prime Cargo from the Mitsui-Soko Group in Japan.
Firstly, the financials were undisclosed. Secondly, as broadly expected, its stock was unchanged in early trade, then falling almost 1% ever closer to Dkr1,000 before bouncing back closer to its previous close, while most markets, including US futures, are deeply in the red today as …

The post M&A radar: Prime who? DSV...

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Transpac carriers planning ‘unprecedented’ boost to capacity

With eastbound container volumes on the transpacific continuing to surge through October and November, carriers are planning significant capacity increases on the tradelane, says Sea-Intelligence.
According to the shipping consultancy, “the transpacific trade stands out” as the route carriers are focusing on for volume growth.
“We are now at a point where capacity has grown more than 20% on a year-on-year basis, which significantly exceeds what we have seen in the past,” …

The post Transpac...

https://theloadstar.com/transpac-carriers-planning-unprecedented-boost-to-capacity/