China’s control over intermodal equipment container production is “deeply concerning”

The Australian government is funding research to investigate if the structure of shipping containers can be modified to reduce the possibility of hitchhiker pests being carried.

Singamas expects its H1 2023 profit to fall by approximately 74% year-on-year.

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).

US-based GenFlat has launched a new folding container design. Folding container concepts are well-known in the market, but the GenFlat design introduces a new concept that has not been presented before, as far as WorldCargo News is aware.

Box builder wants to use its healthy financial position to “actively seek new M&A opportunities” as it looks to further diversify into “non-shipping related containers.”

Container manufacturer downgrades its profit expectations for 2022 for the second time.