The Hamburg-based maritime services provider reported a net loss of 131.5 million euros for the first half of 2016 on revenues of 249.3 million euros.
The U.S. Commerce Department found that dumping occurred by Prinx Chengshan (Shandong) Tire Co., Ltd. at a preliminary dumping margin of 20.87 percent, while other Chinese producers and exporters of these tires received a dumping margin of 22.57 percent.
The third-party load tracking visibility provider lauded the U.S. Patent and Trade Office's decision to protect its patent against competitors, including FourKites.
Registration takes less than 1 minute.
The German ocean carrier said the 20 percent year-over-year drop in revenues to $2.1 billion for the quarter reflected subdued economic growth in many parts of the world, tough competition in the liner shipping industry and falling freight rates.
Ocean carrier CMA CGM of France announced new Freight All Kinds tariffs on multiple trades.
Crisis in Syria, Libya and elsewhere have generated massive flows of migrants, increasing the risk of stowaways on cargo vessels, a port official said.