Maersk profit update sparks claims carriers are exploiting disruption
Shippers have accused ocean carriers of exploiting the market disruption through “opaque surcharges” and reduced ...
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US 3PL UTi Worldwide yesterday announced a quarterly loss, as revenues decreased 6.6% on the back of falling freight rates and restricting costs.
Its third-quarter revenues were $1.08bn compared with $1.15bn in the same period last year, while net revenue – after purchased transport costs – ...
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