Orient Overseas Container Line (OOCL) said that although second-quarter volumes were down 4.6% year-over-year, total revenues increased 1.1%.
OOCL’s parent company, Orient Overseas (International) Ltd. (OOIL), covered the second quarter of 2020 in a one-paragraph overview dated Friday.
According to the release, second-quarter revenues totaled $1.58 million. Average revenue per twenty-foot equivalent unit (TEU) increased 5.9% compared to the same period last year.
OOCL said loadable capacity...
https://www.freightwaves.com/news/oocl-second-quarter-revenues-up-volumes-down