The main container carriers’ average operating margin improved to a decade high in the third quarter, with half of the 10 leading carriers achieving core margins over 15%.
The carriers’ year-on-year earnings were boosted by significantly higher freight rates out of Asia and lower expenses.
Source: Alphaliner
Follow on Twitter:
[tfws username=”Alphaliner” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]
