These market forces pushed freight rates upwards on most tradelanes, and it is these market forces, in addition to our usual careful attention to cost control, that have driven the strong profitability that has been achieved during the period. Throughout this period, it has been more important ...
steady decline in freight rates, which began around the middle of last year, continued during the first half of 2023. The fall from the great heights of 2020-2022 has certainly been spectacular in terms of both absolute dollar value and in terms of...
These market forces have put upward pressure on freight rates on most tradelanes, and it is these market forces, in addition to our usual careful attention to cost control, that have driven the strong profitability that has been achieved during the period. The first half of 2021 produced the ...
These market forces have put upward pressure on freight rates on most tradelanes, and it is these market forces, in addition to our usual careful attention to cost control, that have driven the strong profitability that has been achieved during the period. The first half of 2021 produced the ...
Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "may," "expect," "anticipate," "estimate," "forecast," "plan" or similar words. The forward- looking statements in...
Monitoring and improving national supply chain performance through designing, implementing and analyzing KPI (from totally new design to implementation throughout the company, including inventory turnover, backorder ratio, supply availability, sales forecast reliability, warehouse utilization and other related...
Returns need to reflect the extreme volatility in demand, and the upward pressure on costs, particularly for bunker fuel and cargo costs. At the same time as seeking to maintain our freight rates at appropriate levels within an intensely competitive global market, we will be continuing our ...
Property development projects progressed as forecast. Orient Overseas (International) Limited (“OOIL”) Group today announced a profit before taxation of US$283.3 million compared with US$88.7 million for the same period last year. After taxation and minority interests, the Group reported a profit ...
OOIL Chairman, Mr C C Tung, said “The markets have remained robust in terms of container volume growth during the first half of 2006 but average freight rates have fallen over the same period, especially on the Asia to Europe routes. This softness, when combined with steadily rising costs,...