China’s control over intermodal equipment container production is “deeply concerning”
NewsThat is the overriding message in a report recently published by Carl Bentzel, a commissioner at the Washington (DC)-based Federal Maritime Commission (FMC).
APM Terminals cuts costs as revenues decline
APM Terminals (APMT) was able to offset a 9.3% decrease in revenue per move (to US$310) in Q2 2023 by increasing tariffs and reducing costs per move by 7.6%. However, its impact on the group’s overall result is diminishing as AP Møller-Maersk (APMM) expands in Logistics and Services (see p11).
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