ONE Announces Improved Profitability on Higher Overall Utilization
Business Initiatives Improved profitability by adapting to market conditions across all trades, achieving higher overall utilization. Increased cargo volume and earnings by deploying extra loaders in line with demand, optimizing space allocation and return on our assets. Optimized the service network to minimize delays and improve operational efficiency amid prolonged port congestion. Adapted…
ONE Logistics reported improved profitability in Q2 FY2026 due to higher overall utilization across all trades. Strong cargo demand, especially on the Transpacific trade, helped drive increased liftings and freight rates. The company adapted operations to various challenges, such as port congestion, extreme weather, and supply-demand imbalances between the Transpacific and Asia-Europe trades.
Despite higher costs due to rising ship and bunker prices, net profit increased significantly. The full-year forecast has been revised upward to USD 2,000 million, reflecting strong first-half results and a more favorable freight rate outlook for the second half of the year.
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