Fronthaul Volumes Push Hapag-Lloyd Back Into the Black in Q2

Fronthaul volumes push Hapag-Lloyd back into the black in Q2

Improved spot rates and market conditions have prompted the container line to raise its full year earnings forecast

Hapag-Lloyd hikes full-year profit forecast on sustained ex-Asia demand

The carrier’s CEO expects solid demand out of Asia to continue through much of the year, putting a floor under rates while congestion at key ports and geopolitical disruption absorb excess capacity.