The expedited surface transportation provider said it has kept customers and is adding business but needs to “aggressively” address profitability after a first-quarter loss.

Roll-on/roll-off carriers Wallenius Wilhelmsen and Höegh Autoliners anticipate high auto volumes and tight capacity ahead amid Red Sea-driven diversions.

While Yang Ming was upbeat about improving container volumes and easing global inflation, the Taiwan-based ocean carrier warned of geopolitical volatility.

Poor schedule reliability, challenged by a container supply chain that has been stretched thin by diversions away from the Suez Canal, is causing spot rates from India to Europe to rebound.

Shippers will soon be able to retrieve cargo aboard the Dali, but they or their insurers will be expected to post sizeable bonds to cover general average claims.

Underpinning strong volume growth is booming demand for Chinese e-commerce in the US and modal shift from ocean to air in South Asian countries to mitigate Red Sea disruptions.