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Market Focus
  • JD Logistics float set to raise US$3.2bn May 28,2021

    Chinese e-commerce giant JD.com has begun the float of its logistics subsidiary, JD Logistics, on the Hong Kong Stock Exchange, with the operation set to raise HK$24.6 billion ($3.2 billion).The initial public offering (IPO) opened earlier this week and will run until 28 May.JD.com revealed earlier this year ... [learn more]

  • Samskip expands Amsterdam-Ireland shortsea capacity May 28,2021

    North European shipping and intermodal specialist Samskip has responded to growing demand for its recently launched weekly container service between Dublin and Amsterdam by introducing a larger, faster ship and adding a call at Port of Waterford. The expansion comes less than five months after the debut of ... [learn more]

  • Chinese digital logistics platform raises $100m May 28,2021

    YQNLink, a digital container logistics platform, has raised $100m from venture capital investors.The Series D round, referring to the fourth stage in the seed stage financing cycle of a new business, has pushed the Chinese company’s valuation to $1bn.The fundraising reflects the appetite of capital ... [learn more]

  • Box prices surge in Europe as carriers favour loading empties May 26,2021

    Container lines are in many cases still favouring loading empty containers for backhaul voyages ex-Europe, putting increasing pressure on shippers seeking export slots, although forward indicators suggest availability for exporters will improve in the coming months.Pricing and availability indicators suggest ... [learn more]

  • P&O and DFDS reach Dover-Calais space charter agreement May 26,2021

    The two leading ferry operators on the English Channel today announced that they have reached an agreement to make freight space on their Dover-Calais ships available to one another – “to maintain customer service levels on the route and ensure its continued resilience”.Under the... [learn more]

  • DHL restructures European air networks due to Brexit May 26,2021

    DHL Express is restructuring its European air network management in a series of changes that have been prompted by Brexit – which leaves UK-registered cargo airlines such as DHL Air UK unable to operate intra-EU cargo flights from the start of next year.Under the changes, a new Austria-registered ai... [learn more]

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