APL sees rise in August traffic, revenue
APL’s container traffic increased 10 percent to 154,200 40-foot equivalent units (FEUs) during the four-week period ended Aug. 26, compared to the same period last year, while its average revenue per FEU rose 3 percent to $2,924 from $2,850.
For the year-to-date, APL’s volumes grew 13 percent year-on-year to 1.26 million FEUs from 1.12 million FEUs. Average revenue per FEU for the year so far has risen 6 percent to $2,811 from $2,647 in the year-earlier period.