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#shipping-rates-decline | Hylios Supply Chain Intelligence | Hylios

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#shipping-rates-decline

(1 articles)

Shipping & Freight

High ImpactApr 29, 2026

PIL Earnings Plunge 22.5% Amid Shipping Rate Collapse

Pacific International Lines (PIL), a major regional ocean carrier, reported a significant 22.5% drop in annual earnings to approximately US$1 billion in 2025, primarily driven by deteriorating freight

The Business Times#ocean-freight-rates#container-shipping#carrier-earnings