Shipping & Freight
High ImpactApr 30, 2026ONE Carrier Reports 92% Profit Plunge Amid Rate Collapse
Ocean Network Express (ONE), a major global container carrier, reported a catastrophic 92% decline in net profit to $338 million for fiscal year 2026 (April 2025–March 2026), with revenue falling 14%
The Loadstar#ocean-freight-crisis#carrier-profitability#freight-rates-collapse
