Singapore-based Neptune Orient Lines' latest operational update shows a 12 percent year-on-year increase in APL's average revenue per FEU for its four-week "Period 11" ended Nov. 16.
APL's average revenue per FEU during that timeframe improved to $2,860 from $2,559 a year ago. At the same time, APL moved 192,400 FEUs, up 15 percent against 167,000 FEUs last year.
For the year, APL's cargo volume has risen 12 percent to 2.07 million FEUs with the average revenue per FEU up 3 percent to $2,727.
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