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Hapag-Lloyd Raises Earnings Guidance Amid Elevated Spot Freight Rates

Editorial Disclosure: This article is curated from reporting by the original publisher credited below. It was selected and published automatically under the Pune.Media Editorial Policy and is not original Pune.Media reporting.

Original Coverage & Source Attribution: www.wsj.com

Hapag-Lloyd HLAG -1.38%decrease; down pointing triangle raised its full-year earnings guidance again as spot freight rates remain elevated, noting that fourth-quarter performance is developing better than expected.

Shares rose 3.3% in midmorning European trade.

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