Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
Ocean carrier operational profits fell below pre-pandemic levels in the third quarter ? and results for Q4 are likely to be a whole lot worse.
Alphaliner’s assessment of the reported earnings before interest and tax (ebit) of the nine largest carriers saw the average operating margin fall to 1.5% in Q3, which was lower than recorded in any of the quarters in 2019.
At the top of the list was the Cosco Group (including OOCL) with ...
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