APL reports 23% volume growth

APL’s container volumes increased by 23% year-on-year from mid-October to mid-November, but this failed to materialise into an increase in revenues per 40ft container.
The NOL-owned carrier said it handled 416,000teu between 17 October and 13 November (period 11), up from 339,000 for the same period last year.
Meanwhile, its revenues per forty-foot equivalent unit (feu) for the period were 28% down year-on-year at US$2,239.
During the previous four week period, APL moved around 423,400teu, a 14% improvement on the same period last year.
Over this same period, APL generated revenues of $2,254 per feu, which was 29% down on last year. Between mid-August and mid-September its revenues per feu came to $2,247.
The carrier’s year-to-date volumes for period 11 were 12% down on 2008, while its revenues per feu 24% down on the previous year.

http://www.ifw-net.com/freightpubs/ifw/indexarticle.htm?artid=20017727100