CMA CGM to launch China-Mexico express shipping service
More evidence of the burgeoning direct trade between China and Mexico was on show yesterday ...
“While the global container demand, as expected, was lower in Q3 due to weaker growth in the global economy, AP Moller-Maersk continued to improve the operating results. We delivered strong free cash flow and a return on invested capital of 6.4% as a result of strong operational performance in Ocean, higher margins in Terminals and solid earnings progress in Logistics & Services.” – Søren Skou, CEO of AP Møller-Mærsk (APMM), 15 November.
Sadly, APMM was beaten to the punch by the local press ...
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
FAK rate hikes holding, with strong demand into peak season predicted
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article