Expeditors, DP-DHL see higher-for-longer rates as Europe exposure leads — Panjiva
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Expeditors, DP-DHL see higher-for-longer rates as Europe exposure leads

China 2971 Corp - Forwarders 340 European Union 826 Mode - Containerized 1468 Mode - Seaborne 1801 U.S. 5317

Freight forwarders operating U.S. seaborne, inbound services continue to face challenging operating conditions with Expeditors’ CEO, Jeffrey Musser, noting “every one of our transactions seems to require significantly more attention and dedication”. The firm expects shipping rates to remain “unsettled at least the duration of 2021”. Similarly DP-DHL’s CFO, Melanie Kreis has noted “levels will stay high for the rest of the year. U.S. imports continued to expand in July with growth of 14.3% year over year, led by shipments from Europe as imports from China expanded by just 3.4%. The Europe...

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