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OOCL’s Q2 revenue slides on lower trans-Pacific, Asia-Europe rates

Keith Wallis, Asia Special Correspondent |

The decline came despite a 4.4% increase in total container volumes to 2 million TEUs, the carrier said in a quarterly update Friday.

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  • Taiwan’s ‘Big Three’ carriers see falling Q2 revenues as demand slump begins
    Taiwan’s ‘Big Three’ carriers see falling Q2 revenues as demand slump begins
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Essential Reads

Trans-Pacific air cargo market flying into turbulent second half

Greg Knowler, Senior Editor Europe |

The long-term effects of US tariffs and the removal of the de minimis exemption have disrupted established air cargo flows and is clouding the industry outlook for the year.

Ocean carriers adjust calls as congestion chokes European hubs

Greg Knowler, Senior Editor Europe |

Longer transits around southern Africa, restructured alliance networks and bottlenecks in Asia continue to cause ships to arrive outside their scheduled European arrival windows.

US shipbuilding incentives need more oversight: GAO

Michael Angell, Senior Editor, East Coast Ports |

The federal watchdog agency said the US Maritime Administration has financial levers to help the domestic shipbuilding industry but doesn’t know their effectiveness.

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