Ocean Network Express (ONE) downgraded its 2025 full-year outlook, saying the overall container freight market environment “may not prove as robust as initially projected” in its forecast. The Japan-based ocean carrier more than halved its annual net income forecast from $700 million to $310 million, marking the second time this year the firm cut full-year projections. In August, at the end of its first quarter, ONE downgraded its forecast from a prior expectation of $1.1 billion in net profit. More from S ...