Ocean Network Express (ONE) recently announced a loss in its fiscal third quarter. This financial outcome directly links to a significant weakening in demand for global shipping services.
Fiscal Quart
by by by Cargo Owners Seek Service Upgrades in Ocean Contract Talks
Service quality and related terms will primarily define the 2026-2027 ocean shipping contract negotiations. Industry sources indicate cargo owners will assert greater influence, leveraging evolving ma
by Ocean Freight Market Favors Shippers Amid Service Quality Concerns
Ocean shipping service quality reportedly faces significant challenges. Experts describe the situation as “under siege.” This development coincides with a notable shift in the industry’s pricing envir
by Market Conditions Empower Cargo Owners in 2026-27 Shipping Negotiations
Global ocean shipping currently faces widening overcapacity. This trend is compounded by import volume forecasts that predict only weak growth. These market conditions significantly embolden cargo own
by Contract Reliance Leads to Significant Unused Freight Capacity
A new study commissioned by Freightos has revealed significant inefficiencies within the logistics sector, indicating that a substantial portion of contracted freight capacity remains unused across th
by Ocean Carriers Face Challenging Outlook Amidst Profit Dip
Ocean carriers recently reported a sharp decline in their third-quarter profits, a development signaling potential headwinds for the industry. Despite this recent downturn, market analysts project shi