Maersk Line swung to a $204 million operating profit in the first quarter from a $599 million loss a year ago, its fourth successive quarter in the black, driven by cost savings, higher freight rates and a lower fuel bill that more than compensated for flat container volumes.
Member Content
 |
 |
 |
 |
 |
 |
News & Analysis
Data
Data
The Shanghai Containerized Freight Index saw further rate erosion in European lanes, pulling the overall SCFI index below the $1,000 per 20-foot container mark for the first time since February 2012, to $990.78.
Commentary
Commentary
Latest Tweets
MarioMoreno_JoC said: SCFI index down for 9 straight weeks. Too much capacity, too weak demand, or both? http://t.co/FQfUBETs4P
PeterTirschwell said: Despite falling Asia-Europe and trans-Pac rates, AP Moller CEO says "generally speaking we feel quite confident" http://t.co/5uRXejQ029
PeterTirschwell said: Upcoming NJ vote is litmus test on whether there's traction in Teamsters' quest to classify drivers as employees http://t.co/rp7KfVDPDQ
Video
Steven Cernak, chief executive and port director of Port Everglades, and James Hertwig, president of Florida East Coast Railway, discuss their organizations’ recent performance, their partnership in a new intermodal container transfer facility, and the opportunities they see and projects they are pursuing for further growth.
JOC Events
Sep 18, 2013 to Sep 19, 2013
Sheraton Kansas City Hotel at Crown Center Kansas City, Missouri, USA
Mar 2, 2014 to Mar 5, 2014
Long Beach Convention Center & Hyatt Regency Long Beach, Long Beach, CA, USA
Is Your Supply Chain Costing You Money?
Best Practices for Building a Resilient Supply Chain
Bridge the Gaps in Your GTM Operations with Gartner Research
Q&A: Chilly Outlook in Reefer Dispute
Ocean Carriers’ Internal Battle