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Ocean Network Express reported a Q2 net profit of US$1,318 million for July to September 2026, up from US$285 million a year earlier, on revenue of US$6,274 million. The carrier raised its full-year profit forecast to US$2bn, with liftings rising to 3.396 million teu and the average freight rate climbing to US$1,709 per teu.
Strong transpacific rates and volumes, driven by typhoons, Panama Canal water shortages and low US inventories, signal tight ocean container capacity. Higher bunker costs linked to the Middle East conflict add to freight cost pressure for feed importers.
container-mag.comNov 4, 2026Not enough comparable past events yet for a historical read.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
