COPENHAGEN, Feb 5 () - Danish shipping giant Maersk on Thursday reported fourth-quarter operating profit broadly in ...
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 5 (Reuters) - Danish shipping giant Maersk on Thursday said falling freight rates ...
Sourcing Journal on MSN
Maersk slashes 1,000 staff as slumping freight rates sink earnings
Cuts of $180 million will target 17 percent of corporate roles as the carrier braces for supply overcapacity, cratering rates and a volatile 2026 outlook.
Global container liners anticipate reduced profits in 2026 as the potential Red Sea route reopening threatens to depress freight rates. Analysts warn of exacerbated oversupply issues, with demand ...
China route have surged to their highest level since November as tight vessel supply and lingering U.S.-Iran tensions keep ...
Global trade dynamics were marked by heightened protectionism, legal pushback, and strategic realignments this past week. The U.S.-India trade confrontation intensified sharply as the U.S. imposed a ...
This past week, the U.S.-China trade fight moved decisively onto the water, Freight Right Global Logistics reports. On Oct. 14, Washington and Beijing both activated reciprocal port-entry fees that ...
G Shivakumar, Executive Director & CFO, GE Shipping Company, said visibility into FY27 remains limited, with geopolitical developments—especially around key oil transit routes—capable of reshaping ...
Centre Daily Times on MSN
USPS shipping rates from PA post offices increased this week. Here's how much
Stamp prices did not change, but here are the things that may cost you more to ship.
Even though they maintain a strategy centering around a young fleet, Scorpio Tankers still harvests value from older vessels. The company has fixed some older vessels on five-year time charters at ...
Veho today announced the launch of FlexSaveTM, a new intelligent delivery option for e-commerce brands to offer cost-effective delivery without sacrificing the experience their customers expect.
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