Fierce Expeditors in court – back and forth ahead of today's hearing
‘Improper fishing expedition’…or?
If there’s a tab that sums up, operationally, the Q2 22 of Seattle-based Expeditors it’s the one below (click to expand)…
… showing a steep drop both in air and sea volumes each month in the second quarter ended 30 June. And it’s safe to assume, just as occurred in Q1 22, that the cyber attack contributed to the trouble.
Then if there’s a (very basic) financial chart that captures the essence of Expeditors’ Q2 story, it’s the colossal drop at the ...
Keep our news independent, by supporting The Loadstar
Four crew members still missing as Wan Hai 503 continues to burn
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Predatory rivals circle as the ripples from DSV's Schenker buy widen
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
'It's driving us mad', say forwarders as US court fails to end tariff turmoil
Transpacific rates ease as capacity boost proves too much for trades to digest
Comment on this article