DHL sees Q3 airfreight volumes and revenues slide but profits rise
DHL Global Forwarding saw revenues and operating profits increase in the third quarter, despite a decline in airfreight volumes. The forwarder reported a 0.9% year-on-year...
Category : Freight
Cato Institute aims another salvo at Jones Act
The Cato Institute, a Washington-based policy group that has been campaigning against the Jones Act, has released a policy analysis paper claiming the law, widely...
Shipwell’s Entire API For Shippers To Integrate Features Within Existing Workflows
Within the freight industry’s diverse and fragmented market, businesses tend to run workflows on inherently distinct systems, often making it challenging to integrate functionalities with...
Ocean freight rates stay on a roll, but are they high enough for carriers?
© Christian Horz By Mike Wackett 11/11/2019 Following a mini-recovery of container spot rates on the major east-west trades in recent weeks, Drewry believes they...
Frozen seafood does well in taste test | News
If you ask American consumers whether fresh or previously frozen seafood tastes better, you are bound to get “fresh” as the answer. But blind taste...
Shippers’ Council Condemns Surcharges On Nigerian-bound Cargoes
The Nigerian Shippers’ Council (NSC) has kicked against the surcharges placed on Nigerian-bound cargoes by foreign ship owners. LEADERSHIP learnt that Nigeria seaports have the...
Freight Futures daily curve: 11/11
Image: Jim Allen/FreightWaves Freight Futures data to watch today: Spot Month weekly percentage changes This past week turned out to be a generally lower week for...
Evergreen Marine: Revenues up, profit down sharply
Evergreen Marine (TSE:2603) reported third-quarter profit from continuing operations of 87.4 million new Taiwan dollars ($2.65 million US), a sharp drop from the 771.2 million...
Analysts disappointed with Westports’ big jump in revenues and profits
Shipping terminal operator Westports (BM: 5246) of Port Klang, Malaysia, reported a year-on-year, 10% surge in third quarter revenues and a year-on-year 16% jump in...