Hapag-Lloyd Raises Full-Year Earnings Outlook for Third Time
The German container shipping company cited strong freight rates and a stronger-than-expected fourth quarter. Its stock was up 2.4% at 0925 GMT.
German container shipping company Hapag-Lloyd XETR:HLAG on Wednesday raised its full-year earnings outlook for the third time this year, citing strength in freight rates and a stronger-than-expected performance in the fourth quarter.The stock was up 2.4% at 0925 GMT.The upgrade adds to a series of…