Friday 20th Oct 2017 - Logistics Manager

NOL reports 34 per cent rise is container volumes

NOL reports 34 per cent rise is container volumes

Neptune Orient Lines has reported a 34 per cent increase in container shipping volumes for the four weeks to 28th May compared with the same period last year, mainly due to higher volumes carried from the Intra-Asia and Transpacific trade lanes.

Average revenue per forty-foot equivalent unit was 19 per cent above the same period last year, largely due to improved core freight rates in a number of trade lanes.

For the year to date container shipping volumes increased 41 per cent on 2009 while average revenue per FEU increased seven per cent over 2009 levels.