Ocean Network Express (ONE) said revenue was $5.9 billion for the fiscal second quarter, up 65% from the same quarter a year ago. Net profit was $2 billion, up from $1.8 billion year on year.
The Singapore-based carrier alliance in an earnings statement said Asia-North America and Asia-Europe trades experienced strong demand in the quarter ended Sept. 30, driven by consistent consumer activity and an early peak season in July and August. Early shipments in the North America trade came amid...
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