reuters.com
The chief executive of Hapag-Lloyd <a href=“https://www.reuters.com/markets/companies/HLAG.DE” target=“_blank”>(HLAG.DE)</a>, the world’s number five container line, on Thursday said the company has cut services on key global routes in order to rein in costs amid a decline in freight rates that weighed on <a href=”/business/autos-transportation/hapag-lloyd-posts-77-drop-9-month-net-profit-cuts-outlook-2023-11-09/”>its nine-month profits</a>.
about 1 year ago