The decision comes as wholesale diesel prices in Britain have increased 40% in the last month and logistics businesses are finding it increasingly difficult to manage ever-increasing cost pressures.
The underlying strength of that peak is unclear, however, with blank sailings, fuel-linked surcharges and a changeover in annual service contracts all putting upward pressure on spot and FAK rates.
Collaboration with global forwarders is allowing the carrier and its customers to significantly reduce carbon footprints in the difficult-to-monitor area of Scope 3 emissions.
