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#capacity-imbalance
(3 articles)Shipping & Freight
ModerateMay 26, 2026CMA CGM Q1 Earnings Plunge 41% Amid Weak Rates
CMA CGM, the world's third-largest container carrier, reported a significant earnings deterioration in Q1 2026, with EBITDA plummeting 41.3% year-over-year from $2.53 billion to $1.5 billion. While th
FreightWaves#container-shipping#earnings-decline#freight-rates
Shipping & Freight
High ImpactMay 15, 2026Evergreen Marine Q1 Profits Plummet 70% Amid Rate Weakness
Evergreen Marine Corp., the world's seventh-largest container liner, experienced a severe earnings contraction in the first quarter, with net profits falling 70% year-over-year to $264 million, even a
FreightWaves#container-shipping#ocean-freight-rates#evergreen-marine
Shipping & Freight
ModerateMay 5, 2026Expeditors Reports Strong Air Freight, Weak Ocean in Q1
Expeditors International reported Q1 earnings that demonstrate a significant divergence between air and ocean freight markets. Air tonnage grew 5% year-over-year driven by robust technology sector dem
FreightWaves#air-freight-surge#ocean-freight-decline#expeditors-earnings