DSV CFO: Seafreight will be a fierce bargaining market in 2016

Discipline in the market for seafreight in 2015 resembled that of an old-fashioned bargaining market, and 2016 does not let set to be any different, DSV CFO Jens Lund tells ShippingWatch.
Photo: DSV
Photo: DSV

The massive overcapacity among container carriers has resulted in market conditions resembling those typically noted among bargain hunters at old-fashioned county fair marketplaces, says Jens Lund, CFO at DSV, after a year in which the logistics group's seafreight division has been struggling with sliding activity on the Asia-Europe tradelane.

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