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#freight-rates-collapse | Hylios Supply Chain Intelligence | Hylios

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#freight-rates-collapse

(1 articles)

Shipping & Freight

High ImpactApr 30, 2026

ONE 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