Dcsa hopes for 50% adoption rate by 2030 The Digital Container Shipping Association (Dcsa), in which most of the major carriers seek to standardize their digital activities, has put [...]
Strong Q1 makes up for cancelled sailings Throughput in the first quarter of 2020 compensated the decline in April. The Port of Antwerp's total cargo traffic increased by 0.4% [...]
Chines New Year and Covid-19 cause 4% drop in container volumes Taiwan-based Yang Ming Marine Transport Corporation has reported a 1% revenue decline and 4% drop in container volumes [...]
Dubai-owned group seeks government support The world’s biggest long-haul carrier could shrink a payroll that stood at 105,000 in March by as much as 30% as it reduces costs [...]
Experts are cautiously positive as blank sailings decrease Arrival schedules for May and June are set. U.S. ports will see double-digit declines in inbound capacity. Whether carriers will keep [...]
German container line states that it will remain financially healthy For the first quarter of 2020, Hapag-Lloyd recorded earnings before interest and taxes (EBIT) of $176 million (€160 million), [...]
Shipping giant warns for sharp contraction in demand in the following months “Our expectation is that we will see demand significantly down in the second quarter, maybe as much [...]
South American airline sees revenue drop 80% in 2 months Avianca Holdings SA, the second-largest airline in Latin America, filed for bankruptcy protection in U.S. federal court on Sunday, [...]
Airlines determined to keep serving customers in a post-corona world The Emirates Group today announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to [...]
Airline group expects recovery to take several years The globally imposed travel restrictions to counter the spread of the coronavirus has negatively influenced Air France KLM Groups financial results [...]
