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Hapag-Lloyd nearly quintupled third-quarter operating profit to €935m on higher freight rates, with average rates up about 28% to $1,808 per TEU. The company raised its 2026 EBIT forecast to €1.7bn–2.1bn and said it will fully return to the Red Sea and Suez Canal route at the start of next year.
It has already resumed some Suez services with Maersk.
A full return to Suez would add effective container capacity and shorten voyages, which should push freight rates lower over time. This is a mild bearish signal for ocean freight costs that feed into import prices for feed ingredients.
ca.marketscreener.comReutersNov 12, 2026Not enough comparable past events yet for a historical read.
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.
