Orient Overseas International Ltd. warned that freight rates may come down as seasonal demand wanes and new container ships enter service, amplifying the pain of higher fuel costs.
Rachel Yeo is a Breaking News Earnings Specialist at The Terminal. She covers a range of topics including technology, climate change, and supply chain logistics, with a particular focus on artificial intelligence and its impact on various industries. Rachel has been featured in prominent publications such as ABS-CBN Corporation, South China Morning Post, and BNN Bloomberg, among others.