Without higher freight rates, Maersk said it would be difficult to recoup the $2.2 billion investment in 16 7,500 TEU Sammax ships for its Latin America service
Maersk Line, the containership division of Denmark's A P Moller-Maersk, plans to raise its Latin American cargo rates by as much as 30 percent this year to curb losses and pay for 16 ships being built for the region.
Curfew to hit Frankfurt freight
Lufthansa puts investment injection plan on ice
Frankfurt airport’s lofty perch as the second-largest air cargo gateway in Europe is now staring at the prospect of a slow decline after a federal court in Germany upheld the ban on flights between 11pm
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