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Mitsui O.S.K. Lines (MOL) has sharply raised its earnings outlook for fiscal 2026, citing stronger-than-expected market conditions in its dry bulk, energy and chemical logistics businesses, along with improved performance at Ocean Network Express (ONE).
For the fiscal year ending March 31, 2027, MOL now expects revenue of ¥2.23 trillion (about US$14.1 billion), up from its previous forecast of ¥2.04 trillion. The company increased its operating profit forecast by 28.6 percent ...
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Matson reported sharply higher second-quarter earnings and raised its full-year outlook as stronger China service demand and freight rates more than offset softer volumes in Hawaii and Alaska.
Net income rose to US$129.4 million from US$94.7 million a year earlier. Revenue increased 16.7 percent to US$969.4 ...
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Kawasaki Kisen Kaisha (K Line) reported higher first-quarter revenue and ordinary income as strong dry bulk and energy shipping markets offset weaker profitability in its product logistics business, where longer voyages, higher fuel costs and softer earnings from Ocean Network Express (ONE) weighed on results.
For ...
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Dirty tanker exports from Russian ports in the Black Sea and Sea of Azov fell 62 percent during the last two weeks of July, highlighting the growing impact of Ukraine's maritime drone campaign on regional oil exports.
According to BIMCO, loadings averaged 0.98 million barrels per ...
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The International Air Transport Association warned that key design elements of the U.K.'s Sustainable Aviation Fuel (SAF) Mandate could impose billions of pounds in compliance costs on airlines unless supplies of advanced SAF increase significantly.
Unlike the European Union's ReFuelEU Aviation program, the U.K. mandate includes ...
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GEODIS maintained stable profitability during the first half of 2026 despite mixed freight market conditions, as strength in international forwarding offset weaker road transport demand across Europe and the U.S.
The global logistics provider reported first-half revenue of €5.3 billion, down 1.4 percent at constant scope ...
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Freight forwarders are urging e-commerce exporters to reconsider their European fulfillment strategies following the European Union's elimination of its €150 duty-free threshold for low-value imports, a change that is already prompting adjustments in cross-border supply chains.
Since July 1, imports valued at €150 or less entering ...
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C.H. Robinson reported improved second-quarter earnings as productivity gains from its Lean AI strategy and continued cost discipline helped offset a freight market that remains uneven across transportation modes.
The global logistics provider said its results reflected continued market share gains and improved operating efficiency as ...
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The U.S. for-hire trucking market remained on firmer footing in June as tightening capacity continued to support freight rates, even as freight volumes moderated from May's cycle high, according to the latest ACT Research For-Hire Trucking Index.
ACT's seasonally adjusted Volume Index slipped 1.8 points to ...
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Union Pacific and Canadian National Railway have reached a binding agreement that would expand CN's access to key U.S. Midwest markets while removing the Canadian carrier's opposition to Union Pacific's proposed acquisition of Norfolk Southern.
The memorandum of understanding establishes a framework for preserving rail competition ...
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