CONSOLIDATORS INTERNATIONAL AND 2009
Three months ago when the stock market started to head towards meltdown and the export volumes so no pre Christmas season surge, the CII team realized we would have to make adjustments to our business model to accommodate declining freight volumes. For my colleague Peter Lamy and me who started the business sixteen years ago [...]
DHL FORWARDING BOSS PREDICTS SMALL FORWARDERS WILL FAIL
Last week the Financial Times (the Wall St Journal of Europe) ran an article on forwarding, the first I have seen in years in such a widely circulated business daily. They chose to interview Hermann Ude, CEO of DHL’s freight forwarding arm and the head of the French Post Office’s freight subsidiary, Geo Post’s, Wolfgang [...]
CRUNCH TIME FOR CARRIERS AND FORWARDERS
Most carriers are acting sensibly by reducing flight schedules and grounding aircraft, rather than competing on price to fill their aircraft. In the New Year, aided and abetted by Chinese New Year, air cargo may witness the start of huge downsizing of all cargo/combination carriers. Contrary to what people with vested interests are saying, it [...]
AT LAST DHL ADMITS DEFEAT
Had FedEx not made the move into trucking and UPS expanded its portfolio of services, they could have been confronting the same dilemma as DHL. In a nutshell, the small package/envelope business has been shrinking over the past ten years and as each year goes by, the Internet is making further inroads into its decline. [...]
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