Surging throughput helped push International Container Terminal Services Inc. to an 18 percent gain in net profit through the first nine months of 2011, to $182.5 million.
Consolidated volumes jumped 25 percent year-over-year, to 3.84 million 20-foot equivalent container units as revenue at the Manila-based terminal operator surged 29 percent to $490.9 million.
Excluding tonnage from new terminals in Portland, Ore., and Rijeka, Croatia, volume increased 19 percent year-over-year.