Solid results in '24 and a good start to '25, says bullish Hapag-Lloyd CEO
German container shipping line Hapag-Lloyd appears to have slightly lost market share last year, today ...
Secondary services have suffered as ocean carriers redeployed tonnage to more lucrative Asia-Europe and Asia-to-US tradelanes.
However, with port congestion on those major routes sucking in so much of their capacity, carriers are starting to reassess their networks for better opportunities.
Moreover, the blank sailings and unreliable services on other trades within their networks have opened the door for challenger operators to take market share from the established carriers.
Indeed, the VSA partnership of ONE and Hapag-Lloyd has reacted to shipper pressure to ...
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