Maersk Line reported a profit of $547 million for the second quarter as the container shipping division helped drive up the Maersk Group’s half-year earnings by 42 percent year-over-year.
30 Jul 2014
DSV today became the latest top 10 freight forwarder to post market-beating growth in ocean container traffic as the consolidation of the fragmented global logistics industry gathers pace.
28 May 2014
The following excerpt from Culture shock in Maersk Line, the new book by maritime industry analyst Lars Jensen, CEO & Partner at SeaIntel Consulting, discusses the situation today at the world’s No. 1 container carrier.
21 May 2014
Maersk Line more than doubled its first quarter net operating profit to $454 million from $204 million a year earlier, as higher container volumes and lower unit costs offset softer freight rates.
30 Apr 2014
DFDS today said it is shuttering a route between the U.K. and Denmark in response to tougher environmental regulations coming into force in January that will sharply raise the cost of ships’ fuel.
07 Apr 2014
Scandlines, the Danish-German ferry operator, posted a 5.5 percent decline in operating profit last year as increased freight volume was offset by lower passenger and auto traffic.
03 Mar 2014
DFDS is eyeing further acquisitions to consolidate its position as northern Europe’s largest short sea shipping and logistics group following strong profit growth in challenging market conditions in 2013.
20 Feb 2014
In mid-March, Hapag-Lloyd plans to launch its fixed-day, weekly Sweden Denmark Express service...
06 Feb 2014
DSV’s ocean container traffic grew by a market-beating 6 percent in 2013, and the global freight forwarder is targeting an increase of up to 5 percent in the current year.
13 Nov 2013
Damco’s profit collapsed to $1 million in the third quarter of 2013, from $15 million a year ago, driven by higher restructuring and overhead costs.
13 Nov 2013
APM Terminals boosted third quarter profit to $203 million, from $156 million a year earlier, driven by sharply higher earnings at associated companies and joint ventures.