Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
It takes about three minutes to get away with a fair assessment of Hapag-Lloyd’s nine-month results (9M ’20), which were released today – and that’s regardless of the preliminary guidance update from mid-October.
In his prepared remarks, Hapag-Lloyd (HLAG) CEO Rolf Habben Jansen today – the full interim report, 60 pages, is here – said that:
“We have achieved a good result and strictly managed our costs while (…) benefiting from improved market conditions in the third quarter. However, with its increasing number of cases worldwide, ...
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