Good first quarter for Hapag Lloyd and ONE, 'but it's all downhill from here'
The year got off to a good start for liners Hapag-Lloyd and Ocean Network Express ...
Carriers are pumping huge investment into their reefer fleets as cool chain demand grows and returns on traditional boxes dwindle.
Last week Hapag-Lloyd announced an order for more than 11,000 reefers, only to be gazumped by ONE yesterday revealing it had ordered 14,000.
Chief executive Jeremy Nixon said the network, comprising three Japanese container lines, had one of the “largest and youngest” reefer fleets in the world.
He said the new investment would “broaden” ONE’s market position.
“As one of the top reefer carriers, we’ll continue to strive to ...
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?
Congestion fear as US west coast ports brace for transpacific cargo surge
New services and reinstated blanked sailings boost transpacific capacity
$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