• 11/30/2024

Hapag-Lloyd Profits Slide on Freight-Rate Slump

Wall Street Journal

Hapag-Lloyd reported sharply lower underlying earnings and an operating loss for the fourth quarter after revenue more than halved, hit by a steep drop in freight rates.

https://www.wsj.com/articles/hapag-lloyd-slides-to-operating-loss-on-freight-rate-slump-ca6af4f1