Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
As a harbinger of spectacular results from the liner industry for the final quarter of 2021, on the back of an 80% average rate increase and a new record for quarterly earnings, Maersk has again upgraded its full-year guidance.
Based on preliminary results, the Danish shipping company said today it expected to report up to a further $1.8bn in Q4 earnings, for a revised full-year ebit of $19.8bn.
Maersk said it would be achieved on the back of an 80% hike in ...
Maersk eyes 'cut and run' moves as port congestion brings delays
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
CBP won't be ready for flood of extra processing after de minimis pause
Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
Near-shoring drives Mexican warehouse space to historic lows
Comment on this article