Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of 2023, which it attributed to lower freight rates and a surge in the delivery of newbuild ships.
But the carrier expects to return to the black in the first quarter of this year, following the huge rate increases seen as a result of the Red Sea crisis.
Despite transporting 3.1m teu, which was 17% higher year on ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Tariffs and de minimis set air freight rates on a volatile course
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