Another liner co surprises

In early October, COSCO subsidiary OOCL report good Q3 2022 results. This, even though the company had seen volume declines on two major routes.

Well, another entity, Ocean Network Express (ONE) - a grouping of Japanese container companies reported their July-Sept 2022 quarterly earnings (Q2 for ONE)
Surprise! … $5.5B in profits. Also, August & September did experience a “sudden decline”