ocean freight

Commentary: Trade flow and the warning flares it signals

The U.S. trade war with China and COVID-19 have reshaped the flow of supply and demand. While the trade war shifted the movement and volume of goods, the coronavirus has impacted the buying behavior of consumers. Now with the world in various stages of reopening, the big question that remains is will the consumer come roaring back?

One way to track this trend is by analyzing the volumes of containers. With a lead time of several months, retailers and manufacturers fill orders based on expected...

https://s29755.pcdn.co/news/commentary-trade-flow-and-the-warning-flares-it-signals

PPE Shipments for COVID-19 Kept Moving! Priority Ocean Services On the Rise!

  • Ocean services an alternative for commodities grounded by soaring air freight rates.
  • ECU Worldwide launched xpress service to offer a faster maritime link across the Pacific.
  • ECU uses Matson Navigation for a 10-day transit between the two ports and claims the fastest port-to-port time on the route.
  • Express service with a day-definite arrival, and all-inclusive simplified fee structure.
  • CMA CGM launched Seapriority Go, offering priority allocation and loading for containers and includes a...

http://mfame.guru/ppe-shipments-for-covid-19-kept-moving-priority-ocean-services-on-the-rise/

Surcharges Cancelled As Fuel Prices Drop Amidst Rising Blank Sailings!

According to a LoadStar article written by Mike Wackett, container spot rates from Asia to Europe remained stable last week and, having withdrawn around a third of head haul capacity for April, carriers will hope they have done enough to match the collapse in demand.

Key Developments
  • Last week’s Shanghai Containerized Freight Index (SCFI) component for North Europe ticked down by 1.8% to $750 per teu, which is 14% higher than the same week of last year.
  • Then the price of traditional heavy fuel...

http://mfame.guru/surcharges-cancelled-as-fuel-prices-drop-amidst-rising-blank-sailings/

Panalpina warns of higher charges to come as first-half profit dips

Panalpina has blamed US-China trade tension and market uncertainty for lower first-half profits – and warned of rising charges for customers. 
Publishing a Q&A with its heads of air and ocean freight, Lucas Kuehner and Peder Winther, the company notes depressed markets in both modes. 
In air freight for the first half, Panalpina’s ebit was Sfr38.4m ($39m), from net forwarding revenues of Sfr1.5bn, down 28% and 2.5% year-on-year respectively. But Mr Kuehner said that the exceptionally …

The post P...

https://theloadstar.com/panalpina-warns-of-higher-prices-to-come-as-first-half-profit-dips/

Supply chain radar: Drum rolls for DHL Global Forwarding

DHL Global Forwarding, Freight (DGFF)’s interim results are out on Friday, and given the feedback I have received from my trade sources, I can comfortably say that seldom in the recent past have we so eagerly awaited a trading update from the air freight market leader and Kuehne + Nagel’s closet rival in ocean freight*.
After a typical one-month quiet period, DGFF has the opportunity this week to deliver its best …

The post Supply chain radar: Drum rolls for DHL Global Forwarding appeared first...

https://theloadstar.com/supply-chain-radar-drum-rolls-for-dhl-global-forwarding/

Booking Ocean Freight To Be Easy As Sending a Parcel-Maersk

In a major development, Maersk Chief Executive Soren Skou has announced that they are looking for more small deals in a bid to remake the ocean carrier into a FedEx or UPS of the seas for door-to-door service, reports the Freight Waves.

How will it be done?

A big step in that move is making the once painful process of booking ocean freight as easy as sending a parcel or getting a plane ticket. Yet one of the most painful points for customers – detention and demurrage fees – Skou said the company...

http://mfame.guru/booking-ocean-freight-to-be-easy-as-sending-a-parcel-maersk/

DHL supports Lindex to stay in fashion

Bonn, October 22, 2018: DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has assumed all freight operations for Lindex. The Swedish fashion chain decided to engage DHL Global Forwarding based on the company’s effective vendor communication, strong sustainability agenda, and cost-efficient solutions across all of the fashion company’s active markets.  Lindex’ fashion assortment is available in around 490 stores across 18 Markets as well as …

The post DHL...

https://theloadstar.co.uk/dhl-supports-lindex-stay-fashion/

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