The unsettled state of ocean shipping continued to be a moneymaker for liner operators in late 2024.
Three-carrier alliance Ocean Network Express (ONE) said net profit in the 2024 October-to-December fiscal third quarter was $1.16 billion, up from a loss of $83 million in the year-ago quarter, on revenue higher at $4.85 billion from $3.36 billion.
The Singapore-based alliance of K-Line, MOL and NYK in an earnings release said results benefited from stable freight flows on the Asia-North America...
https://www.freightwaves.com/news/one-container-alliance-swings-to-profit-in-q3