Topic
freight-costs
1 stories related to this topic, newest first.
wwd.comfinance61 days ago
Hapag-Lloyd Reports Up to $60 Million Weekly Cost From Strait of Hormuz Disruption
Hapag-Lloyd said the disruption in the Strait of Hormuz is costing the company as much as $60 million per week. CEO Rolf Habben Jansen cited higher fuel expenses and the need to reroute cargo by truck and rail. The company also reported a quarterly loss of €219 million with four…
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