Supply Chain Research

Hapag-Lloyd reported second quarter revenues that climbed 41% on a year earlier, or 18% excluding the first time consolidation of UASC. That was well ahead of analysts’ estimates, though comparability is limited. The achieved container rates for the firm were close to the industry average, rising 4% on the prior quarter with Far East and intra-Asian routes leading the way. The company’s guidance does not appear to imply a significant rise in rates in the second half. The container-line industry was the best performing sector tracked by Panjiva, with a 9% rise in revenues excluding Hapag-...