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WORLD NEWS
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Maersk notes rising reefer demand as Africa citrus, flower season peaks
Maersk said uncertainty persists amid higher energy prices and trade constraints in the Upper Gulf region.
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Hain Celestial advances turnaroudn strategy with portfolio cuts, US$115M snack sale and debt reduction push
Hain Celestial continues its turnaround strategy with major portfolio divestitures, cost discipline and debt reduction as sales decline across North America and international markets.
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Lower Alphonso mango supply pushes UK prices higher as logistics costs rise
Despite tighter supply and higher prices, consumer demand remains remarkably resilient.
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El Niño threat raises concerns for Chilean, Peruvian blueberry exports, quality risks loom
In an export market where value is often determined on arrival at the destination, changes in condition can alter commercial returns.
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Hapag-Lloyd Q1 profit falls to negative US$256M, cites freight rate pressure, Hormuz disruption
Segment EBITDA rose to US$47 million, while EBIT reached US$18 million.