Chinese Shipping Giant Soars After Forecasting 200x Profit Jump On Exploding Shipping Costs

Hasbro Inc fell short of Wall Street estimates for quarterly profit on Tuesday, as the threat of tariffs on toys imported from China ramped up shipping and warehousing costs, sending its shares down 7%......»»

In the manufacturing world, it's beneficial for suppliers to be close to the original equipment manufacturer to cut down on things like shipping costs between facilities. That was a primary reason why Collins Aerospace, part of United Technologies Co.....»»

Amazon.com Inc on Thursday said its sales jumped during the holiday season and profit far exceeded expectations, as the world's biggest online retailer shortened delivery times and drew more shoppers to its loyalty club Prime......»»

Maersk, which is considered a barometer of global trade, confirmed that revenue slipped 1% to $10.06 billion, as guided in a recent announcement......»»

The e-commerce giant's investments in delivering packages in one day as it ramps up for the holiday-shopping season continue to bit into its profit margins......»»

Hasbro Inc fell well short of Wall Street estimates for quarterly profit on Tuesday, as shipping and warehousing costs jumped due to retailers canceling and delaying orders in the face of likely tariffs on toys, sending its shares tumbling 14%......»»

Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers......»»

Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran......»»

Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran......»»

Key oil freight rates from the Middle East to Asia jumped nearly a fifth on Friday, with the global oil shipping market spooked by fresh United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran......»»

Earlier today in Europe, Danish shipping giant A.P. Mo.....»»

FedEx is embroiled in the dispute between Washington and the Chinese giant. FedEx Corp, the U.S. courier group credited with spearheading overnight shipping, was christened Federal Express becau.....»»

There are a number of strange but intriguing cabins and homes for sale on the internet giant that are low priced. But they’ve often got big downsides and additional costs......»»

There are a number of strange but intriguing cabins and homes for sale on the internet giant that are low priced. But they’ve often got big downsides and additional costs......»»

There are a number of strange but intriguing cabins and homes for sale on the internet giant that are low priced. But they’ve often got big downsides and additional costs......»»

Chinese shipping giant Cosco was last weekend giv.....»»

Honolulu-based shipping giant Matson Inc. on Tuesday reported net income of $32.6 million, or 76 cents per diluted share, for the quarter ending June 30, an increase of 35 percent compared with $24 million, or 55 cents per diluted share, durin.....»»

Japan’s SoftBank reported a near 50 percent jump in quarterly profit, boosted by the sale of its stake in Indian e-commerce giant Flipkart and most of the company's Chinese operations of ARM Holdings. Thuy Ong reports......»»

But ocean shipping struggles with flat rates, over-capacity and higher fuel costs. Maersk (OTCMKTS: AMKBF) saw its quarterly profit weaken year-on-year  as freight rates remain.....»»

Top U.S. importers are stocking up on Chinese goods before new import tariffs take effect, shipping giant A.P. Moller-Maersk said on Wednesday, but warned a trade war would hit demand for container shipping in the coming years. Sonia Legg reports......»»