Panjiva Daily: Maersk’s misery, logistics wins while BMW and Daimler lose in $16 billion tariff exchange — Panjiva
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Panjiva Daily: Maersk’s misery, logistics wins while BMW and Daimler lose in $16 billion tariff exchange

Global 723 Panjiva Daily 248

Maersk has followed Hapag-Lloyd in cutting its earnings outlook due to the narrowing spread between rates and fuel costs. The latest U.S. duties on $16 billion of Chinese exports lets multimodal containers off the hook while China’s response captures automakers. Also: steel wheels may be getting the petition bandwagon rolling again; Ikea will rely heavily on China in its Indian retail supply chain; MSC’s network reorganization will hurt Philaport; new American sanctions against Russia are planned, but may be phased in; NAFTA may get hung up on metals duties; Vinalines’ IPO comes at a cha...

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