Trade volatility hits Hapag-Lloyd profits

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 $16.05 billion from $15.28 billion in the same period a year ago, group profit fell to $946 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 ...