Shippers claim major box lines 'acted together' to profit from the pandemic
Global container lines may be facing fines, and compensation payments of more than $75m, after ...
With substantially reduced profits a foregone conclusion, the employees of Taiwan’s two biggest liner operators, Evergreen and Yang Ming, will reportedly receive much smaller bonuses for 2023.
Evergreen, which paid as much as 45 months of salary for 2022, is offering five to six months’ for last year, at best; while Yang Ming paid as much as 33 months’ for 2022, is said to be paying just two months’ at most.
In the first nine months ...
Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
Why ROI is driving a shift to smart reefer containers
USTR fees will lead to 'complete destabilisation' of container shipping alliances
New USTR port fees threaten shipping and global supply chains, says Cosco
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Transpac container service closures mount
DHL Express suspends non-de minimis B2C parcels to US consumers
Comment on this article