Our team has selected four black horses that could find it difficult to ride out of this sluggish freight market, but certainly can deliver plenty of shareholder value in 2016, for different reasons. The four are CH Robinson, Kerry Logistics, Echo and Expeditors. Best of breed Just like many of its...

Air France-KLM Lufthansa Panalpina UTi Worldwide Hapag-Lloyd With hindsight, 2015 turned out to be a transitional year for most of the companies that we have added to our watch list in 2016. These are: Air France-KLM, Lufthansa, Panalpina, UTi Worldwide and Hapag-Lloyd. Logistic-News team will clos...

So much so, that according to Seabury, shippers booked the equivalent of an extra 120 777Fs a week during that time – 138,000 incremental tonnes of air freight that otherwise would have gone by sea. Happily for the airlines, Toyota, Honda and Fiat Chrysler then announced the recall of some 2.1 mil...

Bullish ocean carriers started the year eyeing improved profitability from better network optimisation of the new east-west vessel sharing alliances, as well as a reduction in unit costs by deploying newbuild 18,000 teu-plus ultra-large container vessels (ULCVs). A better-than-expected peak season i...

This is a legitimate question, given that Canadian Pacific (CP) is adamant it can extract billions of value from combining with the US railroad operator, while the NS board believes the deal won’t receive the blessing of the regulators – which could be a stumbling block. War of words “On Decem...

On Friday, multi-carrier express specialist ASL announced it had completed a $110m funding agreement with BNP Paribas. CFO Mark O’Kelly said a statement: “Initially the funding will assist our platform for growth strategy and we look forward to building on this,” while Guy Haesevoets, client d...

After a brief recovery last week, when SCFI spot rates for North Europe registered a gain of $428, this week saw a $145 drop to $558 per teu, a figure that is around half of the average freight rates over the year when they enjoyed the benefit of much higher-paying contract cargo. But contract negot...

On one of the days that Beijing regularly has to effectively shut down the city due to the dense smog that now engulfs it, scientists discovered that plants had stopped photosynthesizing. That one simple fact should make every living person stop and think – a primary school food pyramid fact is th...

I expected acquisition to value the enterprise (market cap plus net debt) at over $5bn. For CMA CGM, this is a massive deal, of course – but also a necessary one on the road to public markets. It resembles Hapag-Lloyd’s purchase of Chile’s Compañía Sud Americana de Vapores (CSAV) in 2014, ...

Yesterday, Cargolux issued another release, saying that the union had “surprisingly backtracked on the principle agreement reached on 1 December”. It added: “Cargolux cannot help but wonder about the reliability and credibility of a social partner who agrees on certain compromises, only to neg...