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Carriers anticipate losses in 2011, take gloomy outlook of 2012

Global container shipping lines are anticipating losses for the full year 2011…
  • November 28, 2011
  • 2 minute read

CSAV posts Q3 loss, mulls sale of boxline operations

Chilean Compañía Sud Americana de Vapores or CSAV is considering selling its…
  • November 28, 2011
  • 1 minute read

Zim hit with $66-M loss in third quarter

Israel-based Zim Integrated Shipping Services has suffered a $66 million loss in…
  • November 28, 2011
  • 1 minute read

MISC quits container shipping after $789-M loss

MISC Bhd has announced its departure from the container shipping business after…
  • November 25, 2011
  • 1 minute read

Maersk to hike rates on Asia-Caribbean and Latin America routes

Maersk Line will implement a number of general rate increases (GRI) and…
  • November 25, 2011
  • 1 minute read

Maersk merges ICON and ‘Daily Maersk’ services

Maersk Line announced on November 25, 2011 that it will merge the…
  • November 25, 2011
  • 1 minute read

Asia-Pacific air freight demand falters in October

International air freight demand showed “a continuation of established trends” this year,…
  • November 25, 2011
  • 1 minute read

OOCL Vietnam-US West Coast service update

OOCL is pleased to announce the enhancement of our Trans-Pacific West Coast…
  • November 24, 2011
  • 1 minute read

DHL introduces special air freight containers for health-care shipments

DHL Global Forwarding, the air and ocean freight unit of Deutsche Post…
  • November 24, 2011
  • 1 minute read

Currency swings slash Hapag-Lloyd’s profit by 13%

Wide currency fluctuations due to the debt crisis in Europe ate into…
  • November 23, 2011
  • 1 minute read