Cosco Shipping Holdings posted an 81% year-on-year profit gain in Q3, while its terminal operator Cosco Shipping Ports reported broadly flat earnings as its busiest Chinese terminals run near capacity.
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COSCO Shipping Holdings' third-quarter net profit rose 81% year on year to RMB 17.2 billion, with transpacific sailings the biggest growth driver as geopolitical disruptions keep spot rates elevated.
Read MoreHuaqiutong specializes in China–US cross-border logistics, offering integrated Ocean + Parcel, Ocean + Truck, overseas warehousing, FBA first-mile, and last-mile delivery services.
