3PLs needn’t fear etailers doing logistics, but to prosper, they must add value

Freight forwarders have nothing to fear from the in-sourcing of transport by etailers – but they must invest in technology and add value for their customers, if they want to participate in an expected doubling of growth over the next decade. 
“The only limit on 3PLs is what is between their CEOs’ ears,” said Robert Voltmann, secretary general of Fiata and president of the Transportation Intermediaries Association.  
“We see the 3PL industry doubling in size over …

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On the wires: Hapag-Lloyd – the green star with a share price that means nothing unless…

“Hapag-Lloyd highlighted at its Capital Markets Day in Hamburg yesterday how it has become the best performing container liner, on the back of successful revenue management initiatives under Strategy 2023. Management provided a reassuring update on IMO 2020, which will likely see further tightening of the market related to scrubber retrofits in 4Q19E and FY20E, with a price hike of c12% from Dec 1st to cover the IMO 2020 transition …

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On the wires: ZIM – For me, this is a financial transition to nowhere

“In spite of the challenging market conditions, ZIM continued to record improved results in Q3, as it did throughout 2019. While the challenges in the market endure (…) our ongoing efforts in the spheres of customer experience and digitalisation also bear fruits, as we continue to focus on our customers’ needs and push for commercial excellence in all fields.” – Eli Glickman, ZIM president and CEO, 20 November. 
Reading the above remarks you …

The post On the wires: ZIM – For me, this is a...

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Robert Gutsche to take over as CFO at Röhlig Logistics

Robert Gutsche (pictured above) has been appointed as the new chief financial officer of Bremen-based 3PL Röhlig Logistics.
He will assume his new role on 1 March 2020 and succeeds Hans-Ludger Körner, “who will take on new professional challenges”.
Philip Herwig, managing partner of Röhlig Logistics, said: “We are pleased to gain such a highly experienced manager with an international orientation for our board.
“At the same time, we would like to thank …

The post Robert Gutsche to take over as...

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EC set to extend liner shipping consortia exemption for four years

The European Commission has indicated it is set to extend liner shipping’s consortia exemption from its antitrust regulations.
The Block Exemption Regulation (BER) container shipping lines have enjoyed since April 2014 was set to expire next April, and in the run-up to the deadline, the EC has been holding consultations with industry stakeholders.
In draft regulation paper published yesterday, the EC proposes extending the EU Consortia Block Exemption Regulation until 25 April …

The post EC set...

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River Elbe project gives port of Hamburg a boost as major services return

Ocean carriers appear to be returning to the port of Hamburg after commencement of river Elbe deepening and widening projects.
And, as a spin-off, the port is regaining its status as the biggest transhipment hub for the Baltic.
Container handling at Hamburg was up 6.9% in the first nine months of the year, compared with the same period of 2018, to 7m teu, growth significantly higher than the 3.4% average achieved by …

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Zim reports ‘improved’ results in Q3 as VSA with 2M continues to pay dividends

Israeli container shipping carrier Zim today reported it overcame a marginal decrease in volumes in the third quarter to post a net profit of $5m.
This is a significant improvement over the $6.6m net loss recorded in the same period last year.
The line said it carried 725,000 teu in Q3, a 0.7% year-on-year decline on the third quarter of 2918, when it carried 730,000 teu.
However, revenues were up 0.2% year on …

The post Zim reports ‘improved’ results in Q3 as VSA with 2M continues to pay...

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On the wires: K+N’s latest bolt-on – something for DSV Panalpina to worry about?

“Kuehne + Nagel will acquire the overland and logistics activities of Rotra. The seafreight and airfreight as well as the container terminal activities will remain with the current owners. The acquisition is subject to customary closing conditions, including merger clearance by the competent competition authorities.” – Kuehne + Nagel (K+N), 19 November 2019.  
K+N and its new fast-growing rival DSV Panalpina seen through the lenses of their own deal-making?
One is …

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‘Bitter taste’ in 2M as MSC poaches star exec and noses toward top liner ranking

Maersk’s cuts in capital expenditure, including its decision not to order new vessels in the next two years, will clear the way for MSC to take over as the top-ranked ocean carrier, according to Alphaliner,
And The Loadstar’s sources suggested that this “profit over market share” strategy by the Danish transport group may have contributed to its chief operating officer, Soren Toft, being head-hunted by MSC as its new CEO.
During Maersk’s …

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SM Lines brings scheduled container shipping services back to Portland

Scheduled container shipping services are set to return to the US west coast port of Portland for the first time in three years.
South Korean carrier SM Line has decided to include a call at the Oregon port on one of its transpacific services.
From the beginning of next year, Portland’s Terminal 6 will be added to SM Line’s Pacific Northwest service, which links Vancouver and Seattle with ports in China and …

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