Container spot rates on the two biggest tradelanes slumped again this week, as the optimism expressed by carriers for a satisfactory peak season all but evaporated.
The north Europe component of the Shanghai Containerized Freight Index (SCFI) fell a further …
Betting big on logistics looks likely to pay off for DP World, with the port operator reporting double-digit profit growth, despite a weakened container market.
Profits (reported as adjusted ebitda) climbed 21.9%, to $1.6bn, on the back of $3.4bn in …
“We continued to deliver high quality growth in FY19 with revenues up 57% to A$348.3m and ebitda up 39% to A$108.1m, a reflection of our strategy to accelerate WiseTech’s global growth and industry penetration, driven by geographic expansion, relentless innovation …
Danish shipping behemoth AP Møller–Mærsk (APMM) has an interesting take on what’s happened to world trade in the wake of Donald Trump’s face-off with China.
Its half-year report outlines some not-bad financial performance compared to last year (read our coverage …
THE HEISENBERG writes: “Bad news, folks. The July FOMC minutes and comments from three regional Fed presidents all point in the same direction: Policymakers are, at best, not enthusiastic about the idea of bowing to pressure from the bond market …
MSC has revised the official capacity of its new ULCV, MSC Gulsun, by an additional 805 teu, to 23,765 teu, making it more than 2,000 teu larger than the biggest ships operated by its competitors.
The Aponte family-owned liner said …
American Global Logistics (AGL) is pursuing growth opportunities in Latin America as the region’s perishables exports, its traditional staple, goes through the roof.
And manufacturing is also on the rise – a development that the exodus of production from China …
