News in Brief Podcast | Week 7 | Tariff pandemonium and port congestion
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
“While the global container demand, as expected, was lower in Q3 due to weaker growth in the global economy, AP Moller-Maersk continued to improve the operating results. We delivered strong free cash flow and a return on invested capital of 6.4% as a result of strong operational performance in Ocean, higher margins in Terminals and solid earnings progress in Logistics & Services.” – Søren Skou, CEO of AP Møller-Mærsk (APMM), 15 November.
Sadly, APMM was beaten to the punch by the local press ...
Price war as carriers compete for cargo driving down container spot rates
Up to $1.5m fee for every Chinese-built box ship calling at a US port
Airfreight rates rising gently as ecommerce giants eye new tradelanes
Carriers warn of cargo disruption due to strikes at Munich Airport
Maersk Saltoro delay may mean multi-million dollar claims for cherry shippers
MSC switches bigger box ships to higher-paying trades in 'landmark' move
Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
Expeditors CEO out, 'fresh blood in' – and another top exec change expected
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