Freight: latest news, insights and analysis | ESM Magazine

DSV Expects Lower Volumes To Impact Profit This Year

Denmark's DSV, the world's third-largest freight forwarder, expects its 2023 profit to be impacted by lower volumes in the first half.

'Party Is Over': Hapag Lloyd CEO Says Freight Rates To Keep Declining

Container freight rates will keep declining in the current realignment of shipping demand and supply, said Hapag Lloyd CEO.

Maersk Sees Container Demand Slowing As Recession Looms

Shipping group Maersk has warned of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand this y...

Freight Forwarder DSV Raises Full-Year Profit Forecast

Denmark's DSV, the world's third-largest freight forwarder, has posted third-quarter operating profit slightly above forecasts and lifted its full-year ear...

Maersk CEO Expects 'Modest' Pick-Up In Trade For Holiday Season

A.P. Moller-Maersk's chief executive said he expects a "modest" pick-up in trade for the upcoming holidays this year amid concerns about the slow...

Maersk Beats Q2 Revenue Expectations, Lifts 2022 Guidance

Shipping group Maersk has raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freig...

Maersk Expects Supply Chain Challenges To Continue Into 2022

Shipping group Maersk expects 2022 earnings will reach the same level as last year, with the challenges that have weighed on global supply chains set to co...

Shipping Giant Maersk Speeds Up Decarbonisation Target By A Decade

Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a decade earlier than previously announced, on...