Another ocean carrier financial report, another awe-inspiring bottom line. Germany’s Hapag-Lloyd posted its best quarter ever on Friday, and CEO Rolf Habben Jansen provided his take on spot rates, California congestion and all those new container ships that were ordered.
The world’s fifth-largest ocean carrier reported earnings before interest taxes, depreciation and amortization of $3.92 billion in Q3 2021, up 419% from $756 million in Q3 2020.
As with Maersk and other carriers, surging freight...
https://www.freightwaves.com/news/hapag-lloyd-rakes-in-39b-in-q3-sees-no-plunge-in-rates-yet