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News
Yamato Holdings to End Domestic Freighter Operations by June 2027 Amid Fuel Cost Surge — BigGo Finance
1+ week, 4+ day ago (405+ words) Yamato Holdings and Japan Airlines announced on the 3rd that they will terminate operations of their domestic cargo-only freighter aircraft by June 2027. The service launched in April 2024 as a response to Japan's "2024 logistics problem," but profitability deteriorated sharply due to soaring…...
Global Container Shipping Giants Stage Collective Q2 Turnaround; Maersk Raises Full-Year Guidance for Second Time — BigGo Finance
3+ week, 3+ day ago (415+ words) Evergreen Marine Corporation (Taiwan) and Wan Hai Lines also posted double-digit growth in Q2 revenue and net profit. Notably, Mediterranean Shipping Company (MSC), the world's largest container shipping company by capacity, is privately held and does not publish financial results. COSCO…...