Cyprus Mail
BusinessInternationalShipping

Hapag-Lloyd CEO says higher efficiency could help port waiting times

hapag lloyg shipping logistics supply chain ports maritime

Hapag-Lloyd (HLAG.DE) could clear pandemic-related logjams in container ports faster if operators improved the turnaround of boxes, the German logistics company’s chief executive said on Friday.

“There is a lot that still can be done in terms of efficiency, not only on the terminal side, but also the ability to deliver boxes to customers,” CEO Rolf Habben Jansen told analysts in an earnings call.

“That would allow us to get rid of some of the congestion,” he said of the disruptions resulting from unexpected demand spurts, labour shortages and traffic snarl-ups amid the coronavirus pandemic.

Follow the Cyprus Mail on Google News

Related Posts

Cyprus Business Now

Kyriacos Nicolaou

Cyprus petroleum sales rise by 7.1 per cent in February

Kyriacos Nicolaou

Britain’s financial watchdog warns social media influencers

Reuters News Service

Renault to sell Nissan stake of about 2.5 per cent

Reuters News Service

Japan makes strongest intervention warning as yen hits 34-year low

Reuters News Service

CySEC toughens oversight on cross-border activities

Andria Kades