Hapag-Lloyd has reported an 11.1% year over year slide in volumes handled in Q2 due to the impact of COVID-19 on economic activity. Shipments on Transatlantic and Transpacific routes fell by 15.3% and 13.8% respectively. The firm also sees “considerable uncertainty” in its outlook due to COVID-19. Total U.S. seaborne imports handled by Hapag-Lloyd fell by 14.7% year over year in Q2 and likely fell by a further 13.0% in July, marking a weak start to Q3. That put it well behind the industry average with total U.S. seaborne imports down by just 3.7% in July due to a surge in shipments from ...
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