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China Shipping reports loss in third quarter

   China Shipping Container Lines Co. Ltd. said it had a net loss of 404 million yuan renminbi (RMB) in the third quarter ending September 30 compared to a net profit of 1 billion RMB in the same same 2012 period.
   The company had total operating revenue of 8.96 billion RMB in the third quarter this year compared to 9.28 billion RMB in the third quarter of 2012.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.