Strong Q3 just the tonic to revive Hapag-Lloyd after a weak first half
Soaring freight rates and strong third-quarter demand revived Hapag-Lloyd after a relatively difficult first half, ...
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, ...
Port of Montreal strikers reject 'final' pay offer and are 'locked out'
GXO Direct: Unlocking retail success through logistics
Minister orders Industrial Relations Board to step in to end port strikes in Canada
Trump tariff threat could see shippers launch new wave of import front-loading
Rates reflect strong demand bounce and call for more ocean capacity
Ecommerce supply chains the right prescription for pharma shippers
Employers make 'final offer' to striking Montreal dockworkers
Maersk ends contract with Indian 3PL after its role is 'over-hyped'
Comment on this article