Maersk boosts earnings guidance on higher container volume growth
But the revision comes as the carrier saw sharp declines in third-quarter revenues and profit amid the slump in freight rates.
But the revision comes as the carrier saw sharp declines in third-quarter revenues and profit amid the slump in freight rates.
The Jones Act carrier said pricing for expedited ocean freight stayed firm in the quarter despite lower overall volumes from China amid the trade dispute between Washington and Beijing.
Amid labor disruptions, businesses using the carrier should prioritize customer communication while securing multiple delivery options, experts said.
Eighteen U.S. senators signed a letter to the agency warning the combination could weaken competition, raise rates and hurt the agricultural supply chain.
LTL carriers are reining in capital spending on property, holding new terminals and doors in reserve as they await a hoped-for turnaround in freight demand in 2026.
Shippers Linde and Air Liquide are leaning on their project backlogs for future cargoes, bucking talk of an “industrial recession.”
With a combined fleet of around 80 ships, the new structure unites SAL’s services under one integrated brand specializing in heavy-lift, ultra heavy-lift, multipurpose, offshore, semi liner shipping and bulk transport.
Even another round of US tariffs and ongoing geopolitical concerns would be unlikely to blunt the growth, with airlines able to rapidly adjust capacity to support shifting trade flows, delegates at a global air cargo forum were told.
The Oikos and Activia maker said supply constraints have forced the company to make “trade-offs” within its innovation strategy.
The incident in Louisville, Kentucky, halted operations at the company’s top air hub Tuesday night and could delay some package deliveries.