After Lackluster First Quarter, Second Quarter Could Be Even Worse for Container Lines

By Mike Wackett (The Loadstar) - With the second quarter now two-thirds done ocean carriers look to be heading for a second successive H1 loss, making a good peak season more essential than ever for the sustainability of the liner industry. Last week CMA CGM completed the set of container lines that publish their financial results recording a less than inspiring $22m net … [Read more...]