Container-line profits exceeded expectations in Q2 2020, a period when volumes were weak. In the third quarter, volumes and rates surged — and not just in the trans-Pacific trade.
“The stars are aligning for container shipping: historic consolidation, rational capacity management and now a fast bounce-back in demand post-lockdown,” wrote Jefferies analyst David Kerstens in a report published by American Shipper.
Matson’s upside surpriseMatson is primarily in the Hawaii and Alaska Jones Act...
https://mfame.guru/container-shipping-industry-to-have-record-breaking-q3-results/