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Maersk to ‘look into’ potential DB Schenker acquisition: Clerc The profitability of global forwarders since the pandemic has piqued Maersk’s interest in the sector and it would be “irresponsible” to ignore DB Schenker’s availability, according to the carrier’s CEO. Maersk to ‘look into’ potential DB Schenker acquisition: Clerc International Freight

Gebrüder Weiss buys Cargo-Link, expanding US LCL network The Austria-based global logistics provider looks to increase its US presence, adding less-than-containerload services by acquiring a Utah-based forwarder. Gebrüder Weiss buys Cargo-Link, expanding US LCL network International Freight

C.H. Robinson sees cautious shippers, no near-term global demand upturn The largest US broker and forwarder expects ocean spot rates to subside after the Chinese New Year and for US trucking markets to slowly improve throughout 2024. C.H. Robinson sees cautious shippers, no near-term global demand upturn International Freight

DSV volume stabilizes in Q4 to deliver solid 2023 result While down significantly from 2022, the forwarder remained profitable last year as fourth-quarter gains helped dull the full-year impact of sharply correcting global freight markets. DSV volume stabilizes in Q4 to deliver solid 2023 result International Freight

Shippers urged to tether rate management with freight invoice processes to cut errors Most shippers use spreadsheets to manage rates from forwarders and container lines, which contributes to an inefficient process for freight payments and audits. Shippers urged to tether rate management with freight invoice processes to cut errors International Freight

Former Slync CEO Kirchner convicted by federal jury over misuse of company funds A guilty verdict against Slync founder Chris Kirchner brings closure on a saga that came to light when Slync employees went unpaid for weeks in spring 2022. Former Slync CEO Kirchner convicted by federal jury over misuse of company funds International Freight

Nippon Express takes minority stake in India-based digital forwarder The digital forwarding model saw a stress test in 2023 amid faltering freight volumes and rates, but investments in early 2024 might signify staying power for the concept. Nippon Express takes minority stake in India-based digital forwarder International Freight

Red Sea diversions could last for ‘months’ until attack risk ends: Drewry But the analyst noted the expected effect on equipment shortages, port congestion and ship schedules will be far less than that experienced during the pandemic as the supply chain reorganizes itself around the longer transit times. Red Sea diversions could last for ‘months’ […]

Container ship disruptions seen easing after Lunar New Year: analysts The mini-peak season ahead of China’s factory holiday is causing short-term challenges for container shipping, but analysts say conditions should ease after Lunar New Year. Container ship disruptions seen easing after Lunar New Year: analysts Journal of Commerce

Border crossing reliability a hot topic in Mexico intermodal contract talks While companies that use the crossing at Eagle Pass are seeking to reassure existing and potential customers, competitors using Laredo, where no closures have occurred, are wasting no opportunity to talk up that route’s relative reliability. Border crossing reliability a hot topic in Mexico […]