Container line’s loss deflates Maersk group profit in Q3
A.P. Moller-Maersk delivered a profit of US$438 million in the third quarter,…
November 6, 2016
3 minute read
Higher freight rates seen as supply-demand gap improves
Container shipping’s massive supply-demand imbalance is expected to narrow going into 2017,…
November 5, 2016
2 minute read
OCEAN Alliance bares service network, eyes April launch
Members of the OCEAN Alliance—Orient Overseas Container Line (OOCL), Cosco Container Lines,…
November 3, 2016
3 minute read
ASEAN business confidence slips to new low in Q3
Economic confidence among business leaders in Asia fell during the third quarter…
November 2, 2016
3 minute read
S Korean gov’t forms rescue plan for shipping industry
The South Korean government has announced a sweeping industrial restructuring plan to…
November 2, 2016
4 minute read
Air cargo volume, yield climb in September
The usually hard-pressed air cargo industry found a bright moment in September…
November 2, 2016
3 minute read
Japan’s 3 biggest carriers to merge box shipping, port businesses
Three major Japanese liners have bared plans to combine container shipping and…
November 1, 2016
2 minute read
Logistics industry’s confidence goes up ever so slightly
The Stifel Logistics Confidence Index for October remained below the neutral mark…
November 1, 2016
4 minute read
OOCL revenue plunges 13.8% in Q3 despite volume growth
Hong Kong-based carrier Orient Overseas Container Line (OOCL) reported higher volumes in…
October 31, 2016
1 minute read
UPS earnings up 3.6% amid fuel and currency headwinds
Atlanta-headquartered United Parcel Service (UPS) saw strong growth in its third-quarter 2016…
October 31, 2016
2 minute read
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