ONE Takes $120 Million Hit in Inaugural Quarter, Blaming ‘Clumsy’ Launch
2018-08-02 15:00

ONE Takes $120 Million Hit in Inaugural Quarter, Blaming ‘Clumsy’ Launch

by Patrick Fach-Pedersen
ONE Takes $120 Million Hit in Inaugural Quarter, Blaming ‘Clumsy’ Launch

“Ocean Network Express (ONE) recorded losses of $120m in its inaugural trading quarter, blaming its “clumsy” launch impacting its founder carriers. Worst hit was K Line, with a 26.2% drop in its second-quarter revenue and an operating loss of ¥13.7bn ($123.4m).” To learn more, see the original story at gCaptain.


Source: gCaptain (JB)

Source: gCaptain