Transpac GRIs fail to prop up under-pressure container spot freight rates
It was a relatively flat week for pricing on the major deepsea box shipping trades, ...
Photo: © Philippilosian Dreamstime.com
By Mike Wackett
Mid-sized ocean carriers are losing money and the outlook is particularly bleak for the smaller lines, obliging them to consider radical network restructuring.
Yang Ming posted a net loss of $4m for the second quarter, from revenue of $1.15bn, to take the Taiwanese carrier’s profit at ...
Comment on this article