Maersk expects profit hike on strong demand and Red Sea crisis
AP Møller-Maersk has raised its full-year earnings guidance amid “strong container market demand”. The Danish ...
“While wage rates are higher, the more significant impact is the widespread inefficiencies in our operation from constrained labor markets. To illustrate this, I’d like to share a brief example from FedEx Ground. Our Portland Oregon hub is running with approximately 65% of the staffing needed to handle its normal volume. This staffing shortage has a pronounced impact on the operations, which results in our teams diverting 25% of the volume that would normally flow through this hub because it ...
Freight rates will stay high next year – no respite for shippers, predicts Drewry
Rates still slipping as peak season recedes and port strike threat subsides
More cargo chaos at Chittagong Port as transport operators strike
A Trump presidency would put pressure on ocean rates and Asian exports
DP World buys 47,000 teu of containers to boost 'end-to-end' ambitions
Europe's logistics operators tighten security after alert by UK counter-terror services
Trump tariff threat and China downturn will make CNY 2025 'different'
Air cargo market enjoys some calm before an expected Q4 storm
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