TPM: Weak Asia-Europe rates don't mean it's a weak market
The recent spot rate weakness on the main east-west container should not be mistaken for ...
Cosco’s box shipping division recorded surging revenues and profits last year, on the back of strong volume gains.
Recording a year-on-year 10.12% uptick in volumes, to 25.9m teu, Cosco Shipping outpaced the average market growth rate of 6%, and reported a 34.4% jump in earnings, to $31.1bn.
The Chinese carrier said: “In 2024, the container shipping market saw moderate growth in cargo volumes driven by a gradual recovery of global trade. Meanwhile, the ongoing turmoil in ...
Semiconductors could compensate for air freight's lost ecommerce traffic
'It’s healthy competition' Maersk tells forwarders bidding for same business
Transpacific sees first major MSC blanks as rates fall and volumes falter
'Weakened' Maersk paying a heavy price for its lack of fleet growth
US shippers slam USTR port fee plan – 'an apocalypse for trade'
Opposition builds for final hearing on US plan to tax Chinese box ship calls
Despite sourcing shifts, 'don't write-off China', says CMA CGM CCO
Calling all shippers!
Please give us a minute of your time to answer the following questions:
Comment on this article