OOCL revenue up 45.1% on trans-Pacific surge
OOCL saw higher revenue per container and increased cargo volumes across all four of its trade regions. The post OOCL revenue up 45.1% on trans-Pacific surge appeared first on FreightWaves .
Orient Overseas Container Line (OOCL) reported a significant 45.1% surge in third-quarter liner revenue to $3.28 billion, driven by higher revenue per container and increased cargo volumes. The company handled 2.12 million twenty-foot equivalent units (TEUs) in the quarter, marking a 9% year-over-year increase. Average revenue per TEU rose by 33.1%, despite a 3.6% rise in loadable capacity.
The trans-Pacific trade region delivered the most substantial revenue growth, up 71.8% to $1.44 billion, with a 13.1% increase in TEUs. Asia-Europe saw the fastest volume growth, with a 15.4% rise to 399,162 TEUs, while revenue climbed 45% to $695.8 million. Overall, OOCL's revenue for the first nine months of 2026 reached $7.96 billion, an 18.9% increase from $6.70 billion in the same period last year.
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