Container lines set to topple quarterly profit records (again)

container shipping

Maersk and other ocean carriers posted their best numbers ever in the first quarter, but those records are almost certain to be quickly eclipsed.

Early disclosures from Asia carriers confirm that the second quarter will be an even bigger blockbuster for liners.

During the first three months of this year, congestion negatively impacted volumes for several liners, yet surging rates more than offset any decline in loadings.

Even though congestion worsened in the second quarter — due to the Suez Canal...

https://www.freightwaves.com/news/container-lines-are-set-to-topple-quarterly-profit-records-again

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