A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide. Global container trade will probably expand 2.5% ...
[Stay on top of transportation news: Get TTNews in your inbox.] The global container shipping industry saw profits surge to more than $10 billion in the second quarter on record volumes and rising ...
Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit but warned that the current level of U.S.-China trade tariffs could restrict global container ...
Container demand is sinking as cash-strapped consumers encounter persistent inflation, sending container prices plummeting as a result. Freight rates on some shipping routes are now back to where they ...
COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit forecast on Thursday as robust global container demand defied fears that tariffs would hit trade, although the company predicted ...
In an exclusive webinar hosted as part of Capital Link's Container Shipping Sector Webinar Series, Euroseas Ltd (NASDAQ:ESEA) Chairman and CEO Aristides Pittas, Global Ship Lease Inc (NYSE:GSL) CEO ...
The International Longshoremen’s Association (ILA) represents more than 85,000 dockworkers. A strike could also cause havoc for container leasing and trading companies by causing major delays, port ...
A shortage of containers has reversed course. There is a growing glut of containers, clogging up ports across the world. Global trade is stumbling as the world’s biggest economies falter. The latest ...