Yang Ming

Yang Ming saw an early peak and higher rates pump earnings, but the outlook for H2 is less certain.

Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.

While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

Liner operator Yang Ming of Taiwan announced plans to modernize its fleet with orders for as many as 13 newbuildings.

The Port of Jacksonville is taking on a larger role in 2025 as ocean container lines add the north Florida hub to their global services.

The plot thickens in the legal battle between Bed Bath & Beyond and container lines. More carriers are in the crosshairs.

Looking ahead, Taiwanese ocean carrier Yang Ming said that “the overall momentum for economic recovery over the next two years still appears relatively weak.”

The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.

The 14,000-TEU One Stork on Tuesday became the largest container ship to call Jacksonville, Florida.

Bed Bath & Beyond got pummeled by the supply chain crisis. The company is now targeting shipping lines for allegedly compounding its woes.

HMM acknowledged that “freight rates in most key trade lanes have been under downward pressure since H1 2022.”

Ocean carrier revenues fell sharply in the fourth quarter versus the third and continued sinking in January.

“Container demand is expected to be under downward pressure due to considerable uncertainties,” HMM said in its third-quarter earnings release.

DOT should consider trucking and other supply chain costs in its push to expand off-site and inland container facilities, transportation executives caution.

New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.

Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.

Yang Ming’s newest 11,000-TEU container ship will call the Port of Los Angeles on its maiden voyage.

In the second quarter, new highs were set for Cosco profits, OOCL revenue per container, and Evergreen operating revenues.

Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.

The South Korean ocean carrier says the newbuilds will provide the “capacity and flexibility” to serve its shippers.