APL Q4 profits dive

Peter T. Leach / The JOURNAL of COMMERCE ONLINE | Feb 10, 2009 12:00AM GMT
JOCO - News Story

Neptune Orient Lines today reported a fourth-quarter net loss of US$149 million and said it expects to report a loss for full-year 2009 because of the pronounced downturn in the global container trade. The Singapore-based parent of APL posted a pre-tax loss of $45 million in the fourth quarter ended


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