Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit but warned that the current level of U.S.-China trade tariffs could restrict global container ...
Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...
The ocean carrier saw a strong jump in volumes in its third quarter, with total 20-foot equivalent units increasing 6.2 percent in the quarter to 3.4 million.
COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit forecast on Thursday as robust global container demand defied fears that tariffs would hit trade, although the company predicted ...
Forward sailing conditions for container shipping are currently looking unstable. If the Red Sea reopens over the course of 2025, we expect the tide to turn and excess capacity to surface. That ...
Ocean Network Express now expects just $310 million in annual net income-less than half its prior forecast-as weak demand ...
Ending emergency tariffs won’t make America weaker; it will restore the credibility that makes the U.S. economy strong in the ...
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New port fees kicking in Tuesday could raise costs further on Chinese goods and ultimately reduce imports from Asia.
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According to a report on Bloomberg, the container-shipping industry is dealing with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, a double whammy of ...