Maersk withdraws TP20 service and ups profit guidance
As congestion continues to mount across the major deepsea east-west trades and capacity is increasingly ...
Listening to corporate conference calls is a penance most business journalists have to pay; the price, perhaps, of all those jolly foreign junkets and boozy outings with contacts.
Occasionally, though, they can be entertaining. Years ago, during a call with the CEO of a major steelmaker, one Chinese analyst asked a series of questions about global prices of coke, a high-carbon fuel essential to the steel-making process.
Trouble was, the analyst pronounced coke in a way that sounded a lot like the ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
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