Hapag-Lloyd’s 2018 “Started Well”, Discipline on Pricing and Cost Cutting Needed — Panjiva
Más

Supply Chain Research

Hapag-Lloyd’s 2018 “Started Well”, Discipline on Pricing and Cost Cutting Needed

Corp - Shipping 977 Earnings 727 Energy - Bunker Fuel 90 Global 1389 Mode - Containerized 1470 Mode - Seaborne 1803 Theme - Rates 234

Hapag-Lloyd’s CEO, Rolf Habben Jansen has outlined an outlook for 2018 that includes a 4% growth in transport volumes. That may assume a significant slowdown, with container volumes at 11 countries tracked by Panjiva having expanded by 8% year-to-date at November 30 in 2017. Mr. Habben Jansen has also stated that “2018 has started well” in terms of rates. Further discipline in raising prices is needed to pass through higher fuel costs. Bunker fuel prices have increased by 10% points more than container rates since the start of November. Expectations for profitability are high. Consensus ...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.