Q1 'better than expected' for Maersk – but 'there's more pressure to come'
Stronger-than-expected demand and continuing disruption from the Red Sea crisis produced a better-than-expected return for ...
A first in its 71-year history Cathay Pacific may wish to forget: the Hong Kong-based carrier has racked up a successive loss. Not only that, but the South China Morning Post reports this latest loss is its steepest in nine years, at $160m over the course of 2017. That said, the cargo division has no reason to feel bad. It seems its efforts played a pivotal role in preventing the loss from being any worse.
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