business
Lower revenue, higher costs drive Hapag-Lloyd to loss
Key takeaways
- The world’s fifth-largest ocean container line said liner revenue fell 8% to $4.8 billion year-over year on volume that was narrowly off 1% at 3.2 million twenty foot equivalent units (TEUs).
- That compared to global volume that increased 4.4%, according to Container Trade Statistics.
- Liner earnings before interest, taxes and depreciation (EBIT) dropped to a loss of $174 million.
Lower revenue, higher costs drive Hapag-Lloyd to loss (Photo: Hapag-Lloyd) Stuart Chirls Thu, May 14, 2026 at 8:58 PM GMT+7 1 min read HLAG.DE Hapag-Lloyd saw profits evaporate in the first quarter as weather and the Mideast conflict disrupted operations.
The world’s fifth-largest ocean container line said liner revenue fell 8% to $4.8 billion year-over year on volume that was narrowly off 1% at 3.2 million twenty foot equivalent units (TEUs).
That compared to global volume that increased 4.4%, according to Container Trade Statistics.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop