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DP World’s Container Traffic Rises 2.4 Percent

10/30/2013 9:36:57 AM

DP World handled 14.2 million 20-foot-equivalent units in the third quarter, a 2.4 percent year-over-year increase that was driven by an improved performance at its terminals in the United Arab Emirates and the Asia-Pacific region.

The UAE terminals increased traffic by 5.4 percent to a quarterly record of 3.6 million TEUs, pushing volume for the first nine months of 2013 above 10 million TEUs for the first time. Meanwhile, the Dubai-based firm’s consolidated terminals, where it has majority control, posted growth of 2 percent in the third quarter, totalling 6.7 million TEUs.

The Journal of Commerce

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