Container shipping’s ‘hockey stick’: Liner profits just keep on climbing

container shipping

A hockey-stick pattern starts with a low-level period — the blade — hits an inflection point, curves up, then heads sharply higher — the shaft. Newly released financial and operating reports for Q3 2021 by Matson (NYSE: MATX), Cosco and OOIL show container shipping in full-on hockey-stick mode.

Winners and losers

Pandemic restrictions and fiscal stimulus created winners and losers. On the losing end: companies that depend on people congregating in close quarters for business or pleasure. Think...

https://www.freightwaves.com/news/container-shippings-hockey-stick-carrier-profits-keep-on-climbing

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