APL’s volumes up, but rates weaker

   APL said it moved 229,300 FEUs (40-foot equivalent units) in the four-week period ending Sept. 23, 5 percent more than in the same 2010 period.
   But the Singapore-based liner company said average revenue per FEU was $2,501 for the four-week period, 19 percent less than in the same period last year.
   Year to date, the company said volumes are up 8 percent, while average revenues are 9 percent weaker than last year.