The alarm bells are ringing. Maersk Line CEO Soren Skou told Lloyd’s List late last month that the industry “is at the risk of a full-fledged rate war unless the industry comes to its senses.” “Where is the bottom for container rates?” Jeffries’ Johnson Leung asked in his most recent weekly update. So what do the carriers need to do now?
Peter Tirschwell
Senior VP of Strategy Peter Tirschwell is a prominent thought-leader in maritime transportation with more than 20 years as journalist and business leader at The Journal of Commerce.
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PeterTirschwell said: I always get a kick out of shippers who occasionally raise objections to carrier antitrust immunity. Have you looked at the rates recently?
PeterTirschwell said: This was inevitable: Container lines starting to cut 2012 earnings forecast due to slumping rates on major trades http://t.co/zMttTKKous
PeterTirschwell said: @heathercruicks Yes, no problem, just give me a call or email me
PeterTirschwell said: Head of shipping at DVB praises box lines, saying they've "been able to transfer the pain to their tonnage providers" http://t.co/gXSY6m5DLg
PeterTirschwell said: Register for JOC's Sept. Inland Distribution Conference in KC by June 15, and save $75. Very strong agenda in place http://t.co/hrKV5aUZkF
PeterTirschwell said: Deliver from the store or DC? Sharply divergent distribution strategies emerging to serve e-commerce market http://t.co/lluNl7CF44
PeterTirschwell said: Importance of federal funding to completing Georgia ports' deepening underscored in comments by director this week http://t.co/W1VVDXIjE7
PeterTirschwell said: @frankbugarisiii I almost used it myself a few weeks ago until I found a quicker solution, still at @HomeDepot
PeterTirschwell said: Swipe at S.Carolina governor for letting Charleston slip out of the top 50 world ports while Savannah notches upwards http://t.co/MTevZ7l4gF
PeterTirschwell said: Matson says it has 3% of the Shanghai to LB market and 1% of China-W.Coast overall, i.e. a "very, very small player" http://t.co/dXChOo8R44
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