Trade volatility hits Hapag-Lloyd profits
Yahoo Finance·2025-11-13 22:57

Hapag-Lloyd said nine-month profits fell as global trade disputes led to uneven demand and depressed freight rates. While overall revenue for the German ocean carrier improved to 16.05billionfrom16.05 billion from 15.28 billion in the same period a year ago, group profit fell to 946millionfrom946 million from 1.83 billion. “In the third quarter of 2025, the earnings improved compared with the second quarter but remained significantly below prior-year due to low freight rates and upward cost pressure,” the company (HLAG.DE) said i ...