HMM reports 500% rise in operating profit, and eyes fleet and route expansion
South Korean container line HMM is yet another major carrier to enjoy a bumper 2024, ...
Despite the start of the traditional slack season – as China’s Golden Week holiday gets underway – there seems no easing of the demand spike from Asia to the US and Europe.
And reports to The Loadstar suggest some factories in China are continuing production during the holiday to catch up with the backlog of orders.
Capacity on sailings to the US and Europe remains “extremely tight” through to November, according to a Chinese-based NVOCC contact.
The source also reported shortages of 40ft ...
Up to $1.5m fee for every Chinese-built box ship calling at a US port
Carriers warn of cargo disruption due to strikes at Munich Airport
$1.5m China-built ship charge would bring return of US port congestion
MSC switches bigger box ships to higher-paying trades in 'landmark' move
Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
Taiwan and South Korea lines don't fear US levy on Chinese ships
Business calls for end to French port strikes, but unions plan more
Comment on this article