European port congestion now at five-to-six days, and getting worse
European port congestion continues to worsen, with workforce constraints “exceeding forecasts” in Bremerhaven, and stakeholders ...
Reaction in the financial markets said it all when AP Møller-Maersk Group (APMM) and Hapag-Lloyd reported their quarterly figures on 7 and 14 November respectively.
APMM stock fell 7% in just one trading session, while Hapag shares soared over 10% at one point soon after its trading update was published. But that rally was short-lived and the hefty paper gains were swiftly pared in less than 24 hours.
Volatility in their share prices is not just a nuisance for the trade. It ...
Keep our news independent, by supporting The Loadstar
Red Sea crisis has driven most new capacity into extended Asia-Europe trades
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Crew forced to abandon ship in latest fire on vessel carrying EVs
The Loadstar Podcast | Transport Logistic and Air Cargo Europe 2025
'Now or never' for Kuehne and DHL GF to hit back at DSV
Carriers on the hunt for open tonnage again as transpacific rates soar
Comment on this article