ONE reports 2023 profit collapse due to rates decline, but volumes were up
Japanese container line Ocean Network Express (ONE) has provided the first indication of the financial ...
By Mike Wackett
K Line, MOL and NYK are banking their future group profitability on the success of the Ocean Network Express (ONE) – the merger of the Japanese transport groups’ respective container businesses scheduled for April.
According to reports, the trio say they expect to save ¥50bn ($440m) in costs ...
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