NYK
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American Shipper
‘K’ Line focusing on COVID-19 damage control
Japanese carrier tempers profitability news with financial concerns.
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American Shipper
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American Shipper
NYK records a profit even as revenue falls in first half
NYK Line, Japan’s largest shipping company had operating profit of $146.7 million, compared with a loss in the same period last year.
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American Shipper
NYK orders two heavy-lift ships
Japans NYK has ordered two new ships to respond to demand by shippers of wind turbine blades and other large equipment.
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Container
Port Report: Yusen Terminals CEO makes fast truck turns a priority
New CEO at Los Angeles container terminal treats trucking as a customer
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Company earnings
NYK sees huge decrease in revenues but transforms loss into profit
Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.
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Asia-Pacific
Port Report: Japan’s K Line plans review of its sprawling business lines as losses mount
Shipping conglomerate looking to find its focus as other shipping companies have already focused on core businesses.
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Container
Government shutdown sidetracks US shipping agency’s new mandates
New power given to the Federal Maritime Commission to scrutinize the effects of ocean carrier competition has been put on hold by the government shutdown.
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