Intense competition in the logistics industry between carriers and across modes is likely to continue in 2018. There are three major modal developments to watch in 2018. Competition between marine and rail routes from Asia to Europe have already led forwarders including K+N to invest in new services. Shipments from China to Europe by rail jumped 106% in the past year. That will likely extend in 2018 as container-lines including Hyundai MM seek to take advantage of rails’ time advantage. Competition between the Suez and Panama Canals may slow after the former saw a 3% rise in transits and...