APL: High volume, low rates
Liner carrier APL’s average revenue per 40-foot container fell 20 percent year-on-year to $2,559, in the four-week period ending Aug. 26, the line said Monday.
APL’s volume increased 8 percent in the same period to 235,200 TEUs, mirroring the line’s volume growth year-to-date, which stands at 1.9 million TEUs.
Average revenue per FEU has fallen 7 percent for the year to $2,567.
“The increase in volume was mainly due to higher volumes carried on the intra-Asia and Asia/Europe trade lanes,” the line said. “The decline in average revenue per FEU was mainly due to lower rates in the major trade lanes, particularly the Asia/Europe and intra-Asia trade lanes.”
APL: High volume, low rates
