Author Name: Emma Hau – Marketing Analyst at FreightAmigo|24/5/2022
Besides, profitability also increased. With net income representing 45.1% of revenue compared to 25.2% in the first and 41.8% in the final quarter of 2021. “By any and all financial measures, this Q1 results were the best actual quarterly performance by the container sector industry in its history,” said the report.
The container sector has benefited from the fallout of the COVID pandemic. There is a change in consumer habits in the West conspired with closures of ports and factories to disrupt supply chains. The interruption to the flow of equipment and vessels continues to effectively restrict transportation supply on many routes, leading the freight market higher. Effective capacity is still restricted by around 13%.
===
Prefer a greener logistics solution?
After searching for shipment quotations in FreightAmigo, select [ Greenest ] in [ Sorted by ], and you can compare the CO2e of each shipment solution immediately! Let’s Make Trade Greener.
===
Register for free and experience the new era of FreighTech x FinTech. If you have any questions, welcome to
Chat online / WhatsApp: +852 300898592