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Containers Hapag Lloyd Europe

Freight rates need to rise by a third, Hapag-Lloyd says

Carriers cannot continue with ‘cash-negative’ shipments without having to mitigate costs

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Hapag-Lloyd saw revenues and profits tumble from their record highs in the first quarter. Current low freight rates will not be sustainable in the long term, chief executive says

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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