'To ship or not to ship', the question for US importers amid tariff uncertainty
US importers are “being put in an impossible situation” – to ship or not to ...
By Mike Wackett
OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner industry, but also reveal the Hong Kong-based carrier’s aggressive market share grab on the Asia-Europe tradelane.
The Cosco Shipping subsidiary is the first carrier to publish its Q1 volumes and revenue, and its very strong freight performance is likely to be a harbinger for cumulative profits in excess of the record estimated $52bn return earned by the industry in the previous quarter.
The combined net profit for Cosco ...
Comment on this article
fabio rossi
April 21, 2022 at 7:50 ami really can not undesrstand why china , usa , europe ecc can permit all this profit to the shipping company … the freight cost over 10 000 usd is crazy and there will be a disaster …. they should fix the freight price to maximum 4000 usd for 40 feet cnt