plunge news

UPS Q1 revenue dips 5pc, consolidated operating profit plunges 37pc

Shipping carriers see revenues plunge to pre-pandemic levels

iPhone sales plunge 24pc in China as Huawei passes Apple

Red Sea containership traffic plunges amid attacks

OOCL 2023 revenues plunge 60pc as liftings increase by 2.9pc

Hapag-Lloyd posts 77pc plunge in net profit for first nine months of 2023

Delta Air Lines cargo revenue plunges 36pc on slow freight demand

Carriers turn to scrubbers as eco-fuel costs soar and rates plunge

Oakland's 15pc plunge in box volume came as no surprise

Shanghai-Rotterdam rate falls 18pc as A-E spot market plunges

Port of Long Beach October box throughput plunges 16.6pc

China-EU/US rates plunge, but Mideast, Red Sea buck trend

More capacity expected as spot rates plunge in fourth quarter

NWSA hit by strong dollar and port congestion, box volumes plunge 16pc

Matson suspends premium Transpacific loop as rates plunge

Bengal clothes exporter orders plunge as power falters

Importers say carriers profiteering as service plunges

Airfreight load factors ex-Shanghai plunge as the cargo fails to arrive

China bunker export fuel sales plunge on Covid restrictions