Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
It was this time last year, with the Red Sea crisis in full swing, that the first signs of an early peak season on the Asia-Europe trades began to make itself apparent.
It took many on the trade completely by surprise.
Back then
The first quarter of 2024 had been characterised by weak demand and looming vessel overcapacity that led most forwarders to expect weak freight rates unlikely to be bolstered by a peak season.
Almost without exception, Asia-Europe forwarders found themselves wrong-footed by ...
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