APL’s revenue per FEU down 10%

APL’s revenue per FEU down 10%    APL’s revenue per 40-foot equivalent units (FEU) decreased 10 percent during the four-week period ended Sept. 22, despite a 6 percent rise in container volume, parent company Neptune Orient Lines reported.
   The Singapore-based line transported 166,800 FEUs during the four-week period, up from 157,000 FEUs in the same period last year. In the same time frame, APL’s average revenue per FEU dropped to $2,658 from $2,939.
   For the year to date, APL’s volumes are up 7 percent to 1.52 million FEUs from 1.42 million FEUs. Average revenue per FEU for the year so far has dropped 6 percent to $2,651 from $2,825.