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  "presentationDate": "2020-08-01 00:00:00",
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  "notes": "Includes footnotes regarding restated Q1 2020 figures.",
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      "text": "1. Loaded freight rate in Q1 2020 was 1,967 USD/FFE versus previously reported 1,999 USD/FFE. 2. Q1 2020 freight rates have been restated.",
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      "text": "Volumes decreased by 16%, with volume decreases across all trades. Downturn in Latin America and intra-America drove decreases in North-South and inter-regional volumes with East-West impacted by decline in North America and Europe & Middle East. Total backhaul decreased by 13% while headhaul decreased by 17%. The average loaded freight rate increased by 4.5%¹ driven by short-term and contract rate increases across most trades. Adjusted for foreign exchange rate effects, the average loaded freight rate increased by 6.1%.",
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