SEEKING ALPHA reports:
– Alibaba (NYSE:BABA): Q1 Non-GAAP EPADS of $2.10 beats by $0.14; GAAP EPADS of $2.46 beats by $1.13.
– Revenue of $21.76B (+34% Y/Y) beats by $470M.
– Mobile MAUs on China retail marketplaces reached 874M in …

Adding to the woes of shippers struggling to secure space from Asia and paying a premium to ship out their containers, strong forward bookings from China to the US and Europe have resulted in depleted equipment stocks at depots.
Here, …

While ocean carriers performed well financially in Q2, judiciously keeping capacity tight by blanking hundreds of sailings to mitigate the impact of the pandemic, ports have had to contend with a significant drop in throughput across their container terminals.
Yesterday …

So once again FedEx has proved its detractors wrong – in the short term, at least.
Now almost all are virtually jumping on the bandwagon, although the current bullishness that permeates its integrated logistics model per se may be short-sighted …

Maersk says it learned a lesson from the financial crash and will not resort to a market-share grab to fill its ships during the pandemic downturn.
The company reported a net profit of $443m for the second quarter, which compares …

American Airlines and Delta are shifting gears, putting more focus on their cargo business.
While Dallas/Fort Worth-based American is set to double its cargo flights in September, Delta is getting ready to remove seats from widebody planes to maximise payload …

Container shipping costs and service levels are at risk of spiralling out of control, according to Drewry.
As well as a massive withdrawal of capacity since the start of the Covid-19 crisis – 468 blanked departures on east-west trades – …