One federation of containers swinging on profit in Q3
The dissatisfied Ocean Shipping State was still money for money for Liner operators in late 2024.
Three Alliance Ocean Network Express (One) bars said that the net profit in the fiscal third quarter 2024 to December was $ 1.16 billion, which is $ 83 million compared to a quarter, to a quarter, the revenue greater than 4.85 billion USD of $ 3,36 billion.
The Union of K-Line, MOL and NYK’s headquarters, in a statement for earnings said that the results were benefits from stable freight streams at the Asian-North America trade, thanks to strong consumer consumer consumer and diversions from the onion in the East and the Bay Coast negotiations.
Operational earnings in the quarter recovered to $ 1.05 billion from a loss of $ 248 million. The earnings of the bigger was $ 1.6 billion, of $ 170 million.
The scope of containers in the quarter has increased 4.5% y/y, below a global growth of 5.3%, according to the statistics of the container of analysts (CTS). With 38.1%, the revenue per Tea -in the Global CTS’s global rate of 38.6%.
The Alliance reported on the third consecutive quarter with 100% use of Asia to North America. The use of Asia-Europe fell to 93% from 97% in Q3 and 100% in Q2.
For the fiscal year to the present, the profit was $ 3.9 billion, out of $ 617 million/Y, at revenue of $ 14.9 billion, which is $ 10.7 billion. Operational profit was $ 3.6 billion compared to $ 1.04 billion, while PREVAVAX profit was $ 5.2 billion, with $ 1.4 billion in 2023.
The carriers, which are also part of the Premier Alliance, revised fiscal guidelines for full -year profit at $ 4.03 billion with $ 3.1 billion announced in October.
“The overall business environment for the delivery of containers is still in general positive,” said one executive director Jeremy Nixon in a statement, “but with increased geopolitical and regional economic insecurity. We expect a relatively speedy recovery in the amount of cargo after the New Year’s Lunar.”
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