Coronavirus triggers uncertainty about 2020 at Japan's ONE

Container shipping line ONE sees growing uncertainties in the time to come, as the coronavirus pandemic has taken big toll on demand for freight. The company is not yet ready to announce expectations for 2020, according to the annual report, which shows a profit.

Photo: Adrian Dennis/AFP/Ritzau Scanpix

Japanese container shipping line ONE is not yet ready to present its expectations for how 2020 will develop.

This stance comes after a start to the year that has been characterized by significant uncertainty following the coronavirus outbreak, which has had a considerable impact on global supply chains, triggering a slide in demand in key regions such as Europe and North America.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs