ONE set for singularly awful first year with $600m loss –

Carrier consolidation can prove tricky as evidenced today with news of a massive revision of projected earnings from Japan’s Ocean Network Express (ONE). The carrier, the merged liner divisions of Mitsui OSK Lines (MOL), Kawasaki Kisen Kaisha (K Line) and Nippon Yusen Kaisha (NYK), officially started operations on April 1, the start of the Japanese […]

Source: ONE set for singularly awful first year with $600m loss –