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The NVOCCs operating on U.S.-inbound routes had another bumper month in July, with seaborne shipments rising 6% on a year earlier. That was largely driven by Asian traffic, and was dominated by the larger carriers. The top two, Expeditors and CH Robinson, expanded by 12% and 10% respectivel... Read more →
Panalpina CEO Stefan Karlen has flagged “lower results for the first half of the year”, which compares to analysts’ forecasts of a 16% growth rate. He cites market challenges despite expanding volumes. This wouldn’t be the first disappointment vs. the market – first quarter revenues were 5%... Read more →
The top 20 NVOCCs outperformed the shipping industry more broadly on U.S.-bound shipments in January, Panjiva data shows. They increased volumes 9% on a year earlier vs. 6% for all U.S.-bound shipments. The best performer was CH Robinson’s Christal Lines, which expanded 27%. That suggests t... Read more →
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