Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
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The express and freight giant United Parcel Services saw revenues up year-on-year and expects full-year shipments to increase by a double-digit figure as e-commerce volumes continue to grow sharply. Like fierce rival FedEx, it has introduced volumetric pricing across its modes as a way of tackling the weaker pricing of e-commerce shipments, with online retailers offering cheaper shipping rates for products that come in larger, lighter and lower-density packaging.
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