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OOCL unveils ‘spectacular’ increases in first-quarter volumes and revenue

April 23, 2021 by Choice Aviation Services0Air Cargo

The scale of the improvement in the liner industry’s fortunes was laid bare today when OOCL released its first-quarter operational update showing its average revenue per container, across all trades, had increased 58.3%, year on year.
This was accompanied by a 28.3% year-on-year increase in volumes, which led to OOCL posting provisional Q1 21 revenue of $3bn, some 96% higher than its pandemic-afflicted first quarter of 2020.
The Hong Kong-headquartered line had …

The post OOCL unveils ‘spectacular’ increases in first-quarter volumes and revenue appeared first on The Loadstar.

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