Loadstar posts

US shipper fury as container lines announce ‘insane’ street turn fees

US  agricultural shippers and forwarders have lashed out at “insane” and “appalling” “huge mistake” by shipping lines, which will impose a “street turns” fee next month.
Carriers including Zim and HMM have announced that, from February 4, they will impose charges of between $40 and $75 for containers which are fully used in both directions.
Round trips, or street turns, reduce congestion, emissions, demand for container and chassis supply and cut costs. But, …

The post US shipper fury as...

https://theloadstar.co.uk/us-shipper-fury-as-container-lines-announce-insane-street-turn-fees/

Panalpina appoints Christian Stingl head of marketing and sales for Europe

Panalpina has appointed an experienced logistics executive as regional head of marketing and sales for Europe, in a move which could support claims that the forwarder is planning expansion.
Christian Stingl, who joined the Swiss forwarder yesterday, will be based in Frankfurt. he joins from Ceva, where he was vice president Freight Germany for four years. Prior to that he was managing director for Meils Forwarding Logistics, for two years, MD for …

The post Panalpina appoints Christian Stingl...

https://theloadstar.co.uk/panalpina-appoints-christian-stingl-head-of-marketing-and-sales-for-europe/

Supply chain radar: DSV bids for Panalpina at Sfr170 a share

Money never sleeps.
Market sources say that Denmark’s freight forwarding and contract logistics company DSV made a formal offer today to take over Swiss 3PL Panalpina. A formal announcement is expected to be made on Wednesday, when the financial markets open.
The price of the offer is the only detail that emerged earlier today, but the full details (structure/funding) were not disclosed. At this stage, it’s unknown whether the board of Panalpina plans …

The post Supply chain radar: DSV bids for...

https://theloadstar.co.uk/supply-chain-radar-dsv-bids-for-panalpina/

Steady industry growth and surge in digitalisation a recipe for success at PSA

Singapore box terminal operator PSA handled 81m teu last year across its global network, growth of 9.1%, with international volumes increasingly dominating its throughput profile.
Its flagship Singapore terminals saw growth of 8.9%, to reach 36.3m teu, while its international facilities handled 44.69m teu, an increase of 9.3%.
Group chief executive Tan Chong Meng said, “2018 was a dual-speed year. The slow but steady pace of global container trade growth continued, despite …

The post Steady...

https://theloadstar.co.uk/steady-industry-growth-and-surge-in-digitalisation-a-recipe-for-success-at-psa/

In a tight market, heavylift operators must be ‘more competitive and work together’

Demand in the multipurpose and heavylift shipping sector grew just 2.8% last year and “competition continues to erode the share of non-containerised general cargo”, according to analyst Drewry.
In a presentation today on recent trends and the outlook for the multipurpose shipping market, Drewry’s senior analyst, Susan Oatway, reported “very little activity” in the supply side, with 3,192 vessels in the sector with a combined total deadweight of 29.5m tonnes and an …

The post In a tight market,...

https://theloadstar.co.uk/in-a-tight-market-heavylift-operators-must-be-more-competitive-and-work-together/

Market Insight: Q&A with Hans Willam – lessons from 45 years’ experience in logistics

I had yet to be born in the early 1970s, when Hans Willam (pictured above), chairman of WCL Worldwide Consultants in Logistics GmbH, Germany, already had a few years under his belt in logistics, working for Swiss 3PL Kuehne + Nagel (K+N), the undisputed ocean freight market leader with over 4m teu shipped worldwide.
I asked Mr Willam to break down his experience over four decades – the changes he witnessed and what …

The post Market Insight: Q&A with Hans Willam – lessons from 45 years’...

https://theloadstar.co.uk/market-insight-qa-with-hans-willam-lessons-from-45-years-experience-in-logistics/

Jesper Thomsen and John Gilleran now key advisers to Kontainers

Kontainers, an enterprise software as a service (SaaS) company serving carriers and freight forwarders with their own branded platforms, has announced the appointment two key advisers – Jesper Thomsen (pictured above) and John Gilleran.
Last year, the company signed several top-10 shipping lines and top-20 freight forwarders.
Mr Thomsen, a Maersk Line veteran where he was vice president for the global sales and customer service functions and also led its digital transformation …

The post Jesper...

https://theloadstar.co.uk/jesper-thomsen-and-john-gilleran-now-key-advisers-to-kontainers/

Expecting demand boom, Samskip introduces pre-Brexit peak surcharge

European shortsea shipping line and multimodal operator Samskip is planning a pre-Brexit peak volume surcharge on shipments to the UK.
The company told customers it was already seeing increased demand for container services to the UK as an alternative to using ro-ro services through the ferry ports.
It added that demand was likely to outstrip available vessel capacity in the run-up to 29 March when the UK will leave the EU.
Chief commercial …

The post Expecting demand boom, Samskip introduces...

https://theloadstar.co.uk/expecting-demand-boom-samskip-introduces-pre-brexit-peak-surcharge/

Fewer mega-containerships arriving will help balance supply and demand in 2019

A “reduced appetite” for ordering ultra-large container vessels (ULCVs) and carriers instead aspiring to become global logistics integrators could finally balance container capacity supply with demand, according to new analysis from Drewry.
Indeed, at the end of last year Maersk’s chief executive, Soren Skou, told The Financial Times: “We for sure have to do some acquisitions in the logistics space, primarily to gain capability and scale.”
Currently, Maersk Line has just three …

The post Fewer...

https://theloadstar.co.uk/fewer-mega-containerships-arriving-will-help-balance-supply-and-demand-in-2019/

Supply Chain Radar: Bloody Monday for Hapag-Lloyd

Sunday’s news that trade data for China was below consensus estimates put more pressure on the sagging stock prices of the major logistics companies when trade resumed on Monday, with Germany’s Hapag-Lloyd being the biggest loser around lunch time (GMT).
Since I wrote that its shares were priced to perfection at about €36.5 in late August, Hapag-Lloyd has shed 36% of value. It now trades close to a 52-week low of …

The post Supply Chain Radar: Bloody Monday for Hapag-Lloyd appeared first on The...

https://theloadstar.co.uk/supply-chain-radar-bloody-monday-for-hapag-lloyd/

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