On the wires

On the wire: Wonder-ZIM breaks hearts as China ‘stumbles’ (and why it matters)

“ProShares plans to launch the ProShares Supply Chain Logistics ETF [exchange-traded fund], which aims to offer market participants exposure to stocks involved in the supply chain logistics space” – Seeking Alpha, 12 January 2022. 
Soft Monday coverage cannot refrain from highlighting the tremendous success story of wonder-ZIM – just as going all-in or not, attracted to a single stock or hedging supply chain exposure via a logistics basket (however small or sizeable), …

The post On the wire:...

https://theloadstar.com/on-the-wire-wonder-zim-breaks-hearts-as-china-stumbles-and-why-it-matters/

On the wires: CMA CGM’s $3bn Ingram Micro CLS buy – just a fallback?

“Acquiring US-based Ingram Micro CLS will accelerate our supply chain capabilities in contract logistics and eCommerce expertise. [It is a] Key catalyst for our subsidiary Ceva Logistics’ development in high-growth eCommerce segment, especially in US, European markets. Ceva Logistics [is set] to become the fourth-largest global contract logistics provider.” – CMA CGM announced on 8 December the acquisition, via a share and asset purchase agreement, of “most of” Ingram Micro Commerce …

The post On...

https://theloadstar.com/on-the-wires-cma-cgms-3bn-ingram-micro-cls-buy-just-a-fallback/

On the wires: SF Holding – M&A fillip already gone (as Kuehne and TFI smile)

That the full, upcoming Q1 ’21 update – expected within the next month – would be painful for SF Holding emerged recently and may be a reason according to which the Chinese integrator had to act swiftly to take over Kerry Logistics Network, although the M&A momentum was momentary, as opposed to that enjoyed by others that went for deal-making in the first quarter.

“Valuation still stretched after share price correction: SF’s share …

The post On the wires: SF Holding – M&A fillip already gone (as...

https://theloadstar.com/on-the-wires-sf-holding-ma-fillip-already-gone-as-kuehne-and-tfi-smile/

On the wires: On the metric that really matters, DP DHL smashes FedEx & UPS

“”2020 was an exceptionally challenging year for Deutsche Post DHL Group. Our services were in demand more than ever. We not only posted record earnings, but also created 20,000 new jobs worldwide (…). We focused on our profitable core logistics businesses by consistently aligning our company towards e-commerce and investing in our logistics network and digitalization (…). This success didn’t come from nowhere. It is the result of years of hard …

The post On the wires: On the metric that really...

https://theloadstar.com/on-the-wires-on-the-metric-that-really-matters-dp-dhl-smashes-fedex-ups/

On the wires: CH Robinson – the sweetest thing ain’t sweet enough

“Shippers continue to rely on Robinson’s global supply chain expertise (…) to ensure critical goods are moved as quickly and as inexpensively as possible.” – CH Robinson CEO Bob Biesterfeld, 26 January 2020.
There is a silver lining for CH Robinson (CHRW) shareholders after a couple of very tough days on the market following the release of fourth-quarter and annual results on Tuesday – its performance read: -6% on Wednesday, the …

The post On the wires: CH Robinson – the sweetest thing ain’t...

https://theloadstar.com/on-the-wires-ch-robinson-the-sweetest-thing-aint-sweet-enough/

On the wires: Stretched Zim & wealthy OOCL hunting for new blood

Expect container shipping plays on the world’s stock exchanges to increase in frequency as carriers look for more sources of free money and investors look for new ways to take part in the supply chain boom.
Israel’s Zim Integrated Shipping Services filed its updated IPO prospectus last week, outlining its goal of selling 17.5m shares at between $16 and $19 per share (at the high end of the rage, Zim will …

The post On the wires: Stretched Zim & wealthy OOCL hunting for new blood appeared first...

https://theloadstar.com/on-the-wires-stretched-zim-wealthy-oocl-hunting-for-new-blood/

On the wires: Recessionary bites – where is that M&A?

Here’s a quick and dirty recap of where we are going, if anywhere, with logistics M&A and what the lessons are from previous cycles – fasten your seatbelt as financial engineering rather than coveted operational soundness takes over.
Let’s take it from a rather interesting post – titled: “Lessons from growth outperformers in logistics” – was this month pushed out by McKinsey & Company, essentially asking which transport and logistics operators are …

The post On the wires: Recessionary bites...

https://theloadstar.com/on-the-wires-recessionary-bites-where-is-that-ma/

On the wires: The container freight story at a granular level

Alphaliner published an interesting note this week which looked at the extraordinary performance of container freight rates, but at a granular level.
Analysing the recent gains on the Shanghai Containerised Freight Index – which charts nine deepsea trades out of Shanghai, in addition to four intra-Asia routes – and dividing the headhaul freight rate with the nautical distances between Shanghai and each trade’s base port to give the dollar earned per …

The post On the wires: The container freight...

https://theloadstar.com/on-the-wires-the-container-freight-story-at-a-granular-level/

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