The US surface transport sector is fighting Washington in the courts, while Class I railways are squaring off against labour unions in another legal controversy.
The national American Trucking Associations (ATA) and three regional trucking groups are suing the federal …
UK regulator the Competition and Markets Authority (CMA) has opened an investigation into the capacity-sharing deal between DFDS and P&O Ferries on the Dover-Calais ferry route.
It will be looking into whether the agreement has the “potential to prevent, restrict …
The Loadstar’s coverage of COP26 is sponsored by Evergreen Line: leading the development of a sustainable global container transportation system
Shipping has been in focus during the COP26 climate conference in Glasgow over the past two weeks, with pledges made …
The global cascading effect of port congestion is playing havoc with intra-Asia trade lanes, with large amounts of cargo stuck at transhipment hubs in the south-east.
According to Peter Sundara, global head of ocean freight for a major cargo owner, …
Hapag-Lloyd has posted a huge net profit of $3.4bn for the third quarter, and a cumulative nine-month result of $6.7bn that compares with just $605m earned in the first three quarters of 2020.
Putting the fifth-largest ocean carrier’s earnings into …
Today I was 100% certain I would share a word or two (thousand) on Hapag-Lloyd’s interims – nothing short of “spectacular”, as expected – yet I couldn’t refrain instead from penning some far-from-usual, mostly non-quantitative musings on Danish freight forwarder …
REUTERS reports:
German container shipping line Hapag-Lloyd (HLAG.DE) reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport capacity and rising transport volumes.
The world’s fifth biggest operator said net profit …
