Gemini Cooperation carriers steam ahead of rivals in reliability stakes
Ocean carriers “need a big nudge” to get their global on-time performance (OTP) back to ...
Maersk has exceeded analyst expectations, further upgrading its full-year earnings guidance to a level some 45% higher than at the start of the pandemic.
At the same time, the Danish transport and logistics group has confirmed around 2,000 redundancies as a consequence of its decision to retire its Safmarine and Damco brands and the rationalisation of back office and sales roles at subsidiary carrier Hamburg Süd.
Maersk said it would take a $100m hit from the redundancies in the third quarter.
A source ...
MSC Elsa 3 sinking – now the 'blame game' begins
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Bad news for shippers as wave of transpacific rate increases continues
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Shippers brace for rate rise as smart phones expected to drive air cargo market
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Comment on this article