Buoyant ocean carriers set to roll out peak season surcharges months early
Carriers bring out their peak season surcharges – four months early
At a time when, as you may know, the world’s container shipping leader AP Møller-Mærsk (APMM) is going for targeted job cuts domestically and overseas while its smaller rival Hapag-Lloyd is rumoured to have announced 150 staff would go at its headquarters in Hamburg, it is no secret that Singapore’s Pacific International Lines (PIL) is financially strained.
And now many wonder what could be next for the carrier, one of the very few targets outside the Big Five. There is reason ...