News / $150m profit turnaround for Hapag-Lloyd in Q1, 'but Q2 will be tougher'

Photo: Hapag-Lloyd

09/05/2019

Hapag-Lloyd recorded a net profit of $109m in the first quarter as the carrier benefited from increased volumes and average freight rate gains on most of its liner trades.

The result compares with a loss of $42m in Q1 18.

“Thanks to higher transport volumes, better freight ...

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