APL: Rates dip, volumes up
APL said its average revenue per 40-foot equivalent unit was $2,560 per FEU in the four weeks ending March 11, down 1 percent from the same 2010 period.
But rates have fallen from their seasonal high last summer of $3,181 per FEU in July/August.
APL said it moved 212,700 FEUs in the four-week period ending March 11, 12 percent more than in the same 2010 period.
For the year to date, rates are 6 percent ahead of last year and volumes are 8 percent higher.