Daily BriefsIndustrials

Daily Brief Industrials: Evergreen Marine Corp and more

In today’s briefing:

  • Spot Container Rates Surge | New Fees Also Boosting Carrier Revenue | Increases Could Lift ’24 Rates


Spot Container Rates Surge | New Fees Also Boosting Carrier Revenue | Increases Could Lift ’24 Rates

By Daniel Hellberg

  • Spot container rates have surged, owing to conflict near Red Sea / Suez Canal
  • On top of higher spot rates, imposition of new fees also boosting carrier revenue
  • Evergreen’s average monthly US$ revenue increased from Q123 to Q423

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars