# ONE raises full-year profit forecast to US$2bn after Q2 net profit reaches US$1.32bn

> 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.

- Date: 2026-11-04 · published 2026-11-04T21:12:14.470Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/80517-one-raises-full-year-profit-forecast-to-us-2bn-after-q2-net-profit-reaches-us-1
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

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.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-08-31 | [US oil set for biggest monthly loss in over a year as floods hit demand](https://feedsoft.ai/events/69602-us-oil-set-for-biggest-monthly-loss-in-over-a-year-as-floods-hit-demand.md) | +7.1% | +8.9% |
| DIESEL | 2026-10-15 | [Grain Shipping Rates Surge 34% Year-Over-Year \| Feed & Grain](https://feedsoft.ai/events/16757-grain-shipping-rates-surge-34-year-over-year-feed-and-grain.md) | +1.1% | — |
| DIESEL | 2018-06-20 | [Rising costs hit container profits \| Article \| Fruitnet](https://feedsoft.ai/events/64707-rising-costs-hit-container-profits-article-fruitnet.md) | +0.4% | -1.4% |
| DIESEL | 2018-02-02 | [Moving freight to get more expensive for food companies this year](https://feedsoft.ai/events/66690-moving-freight-to-get-more-expensive-for-food-companies-this-year.md) | -8.4% | -10.3% |
| DIESEL | 2017-08-31 | [Gas spikes as largest US refinery reportedly offline up to 2 weeks](https://feedsoft.ai/events/69603-gas-spikes-as-largest-us-refinery-reportedly-offline-up-to-2-weeks.md) | +7.1% | +8.9% |

## Sources

- container-mag.com: https://container-mag.com/update/one-raises-full-year-profit-forecast-to-us-2bn-after-q2-net--mw1s6lmk

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.