News / Hapag-Lloyd bids to cut soaring network costs by using fewer hub ports

Kyoto Express in Altenwerder

Ocean carriers, obliged to temporarily omit severely congested ports during the current supply chain disruptions, are rethinking their network coverage in favour of a permanent change to fewer hubs.

Hapag-Lloyd devoted a section of its Capital Markets Day yesterday to its aim of driving down its “complex” network costs, which would help it achieve a top-tier ranking for schedule reliability.

It said the complexity of its network had “grown historically” over years of trade evolvement and acquisitions.

“Some trades have a high number ...