Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
Ocean Network Express (ONE) reported a 12% year-on-year revenue increase in today’s Q1 results, along with a bullish outlook for full-year earnings, but the ocean shipping market has reached a “tipping point”, according to Xeneta.
ONE revenue for Q1 was $4.2bn, resulting in a $779m ...
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