$150m profit turnaround for Hapag-Lloyd in Q1, ‘but Q2 will be tougher’

Hapag-Lloyd recorded a net profit of $109m in the first quarter as the carrier benefited from increased volumes and average freight rate gains on most of its liner trades.
The result compares with a loss of $42m in Q1 18.
“Thanks to higher transport volumes, better freight rates and a strong US dollar, we achieved a good result and got the year off to a very decent start,” said chief executive Rolf …

The post $150m profit turnaround for Hapag-Lloyd in Q1, ‘but Q2 will be tougher’ appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "$150m profit turnaround for Hapag-Lloyd in Q1, ‘but Q2 will be tougher’"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*