OOCL Q3 revenue climbs 16.3%
Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.
Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.
Orient Overseas Container Line briefly outlines performance for the second quarter and first six months of 2020.
Hong Kong-based shipping line says first-quarter volume was down less than half a percent despite pandemic.
COSCO Shipping Holdings said its third quarter profit more than doubled.
Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.
At least 15 scheduled sailings from Asia are being temporarily culled due to the Chinese national holiday.
Sanguine outlook could flip, but retailers look well stocked ahead of peak season.
OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.