Transpacific volumes bounce back as consumers carry on spending
US domestic and transpacific carrier Matson has reported “solid freight demand, despite the muted peak ...
PRESS RELEASE
Apr 19, 2022, 17:24 ET
– Expects 1Q22 operating income for Ocean Transportation to be $410.0 to $415.0 million
– Expects 1Q22 operating income for Logistics to be $16.0 to $17.0 million
– Expects 1Q22 net income and diluted EPS to be $329.5 to $338.0 million and $8.00 to $8.20, respectively
– Year-over-year increase in consolidated operating income driven primarily by China service strength
– Repurchased approximately 0.7 million shares in 1Q22
– Announces first quarter earnings call date on May 3, 2022
HONOLULU, April ...
Gemini schedule reliability falls below 90% target for the first time
Semiconductors could compensate for air freight's lost ecommerce traffic
Red Sea crisis forces Maersk to increase capacity over strategy limit
'Weakened' Maersk paying a heavy price for its lack of fleet growth
Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
US port call fees would force ACL to exit transatlantic trade, says CEO
'More pronounced' demand slump drives container spot freight rate declines
DHL sees opportunities as end of US de minimis exemption looms
Comment on this article