Vanguard Logistics

GSCW chat recap: Contract challenges as ocean carriers gain upper hand

A screenshot of a woman giving a video interview in her home office.

This fireside chat recap is from Day 7 of FreightWaves’ Global Supply Chain Week. Day 7 focuses on global maritime logistics.

FIRESIDE CHAT TOPIC: Contracting: the Good, the Bad and the Ugly

DETAILS: Contract negotiations between importers and beneficial cargo owners (BCOs) on one side and ocean carriers on the other are poised to take a different flavor this year because of limited vessel availability and port congestion. Steve Ferreira and Stephanie Loomis discuss the current contracting...

https://s29755.pcdn.co/news/gscw-chat-recap-contract-challenges-as-ocean-carriers-gain-upper-hand

M&A radar: AP Møller-Mærsk LCL benchmark deal rumoured – our shortlist

Denmark’s AP Møller-Mærsk Group (APMM) – which we argued at the end of 2020 had its finger on the M&A trigger – is now rumoured to be ready to deal, chiefly to boost its Less than Container Load (LCL) capabilities.
Rings a bell, doesn’t it?
For the narrative, maybe you recall our exclusive coverage in early September, headed: “APMM hires China veteran, covets air and LCL leadership“.
When contacted earlier today via email (subject: …

The post M&A radar: AP Møller-Mærsk LCL benchmark deal...

https://theloadstar.com/ma-radar-ap-moller-maersk-lcl-benchmark-deal-rumoured-our-shortlist/

As digitisation improves visibility, LCL is becoming more attractive to shippers

The shortage of containers in major tradelanes is driving demand for less-than-containerload (LCL) solutions.
With boxes only available at exorbitant rates, more shippers and forwarders are more open to less-straightforward alternatives to full container offerings.
“Demand is up,” confirmed Graham Cousins, chief strategy officer of Vanguard Logistics Services. “A lot is driven by shippers’ need for flexibility to find a solution to move their cargo.”
And when container rates are high, many...

https://theloadstar.com/as-digitisation-improves-visibility-lcl-is-becoming-more-attractive-to-shippers/

Trans-Atlantic LCL steady despite COVID-19

ocean freight

Ocean freight consolidators and forwarders have taken comfort in less-than-container-load (LCL) volumes and services in the U.S. trans-Atlantic trades, despite the ongoing economic headwinds caused by the coronavirus pandemic.

In recent months, more American and European shippers have turned to LCL services as a cheaper alternative to air freight and a way to counter ocean carrier service disruptions involving full-container-load (FCL) transport.

“Owing to the higher FCL and airfreight charges,...

https://www.freightwaves.com/news/trans-atlantic-lcl-steady-despite-covid-19

LCL Shipping Cost-Effective Despite Stiff Competition from FCL

  • Cargo consolidation through less than container load (LCL) allows thousands of shippers to move their cargo at economical prices, as they are unable to fill full container load.
  • Vanguard Logistics, Shipco, ECU Worldwide and CWT Globelink, top the global LCL market and are profoundly called as co-loaders or consolidators.
  • Most of their customers are from the top 50 global forwarders, while the rest comes from local forwarders.
  • They are ‘neutral’ as they move cargo of multiple forwarder...

https://mfame.guru/lcl-shipping-cost-effective-despite-stiff-competition-from-fcl/

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