APL’s container traffic, revenues up
Neptune Orient Lines today reported its container-shipping unit APL transported 147,800 40-foot equivalent units during the four-week period ended Nov. 18, up 3 percent compared to the same period last year.
APL’s average revenue per FEU rose 5 percent to $2,912 from $2,783.
For the year to date, APL’s volumes grew 12 percent year-on-year to 1.72 million FEUs from 1.54 million FEUs. Average revenue per FEU for the year so far has risen 5 percent to $2,842 from $2,704 in the year-earlier period.