Orient Overseas Grows Revenues Using Volumes, Not Rates (Yet) — Panjiva
Más

Orient Overseas Grows Revenues Using Volumes, Not Rates (Yet)

Corp - Shipping 1025 Earnings 759 Finance 118 Global 1391 Logistics 476 Mode - Containerized 1523 Mode - Rail 120 Mode - Seaborne 1845

Orient Overseas published fourth quarter revenues for its container-line that were 13% higher than the third quarter, the third straight increase. This was the first financial data after recent rumors of bids for the company, though full financials are not due until March 7. Regional performance statistics show the company’s average achieved rates were significantly below trends seen in spot markets. Average rates for trans-Pacific shipments fell 10% compared to the third quarter, where spot rates increased 18% over the same period. This may simply reflect delays in passing through marke...

Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.