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Panjiva Daily: DP-DHL beats peers, smashes estimates; new port strategies needed

Global 1210 Panjiva Daily 584

DP-DHL delivered earnings well ahead of estimates in Q4’20 and was also one of the leading freight forwarders on U.S.-inbound lanes in December. U.S. port congestion partly reflects the larger ports’ having seen faster import growth than smaller ports. Also: Break bulk recovery proves elusive as vehicle imports languish; PriceSmart’s supply chain flexibility allows revenues to expand; new lockdowns, old problems as two Chinese cities enter quarantine; China’s trade continues to boom thanks to electronics, U.S. purchasing; China’s re-engagement with U.S. under Biden may come over a cup of...

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