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

Chinese Shipping Giant Soars After Forecasting 200x Profit Jump On Exploding Shipping Cost.....»»

Category: blogSource: zerohedgeApr 7th, 2021

Hasbro misses profit estimates as costs jump on tariff threat

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%......»»

Category: topSource: reutersOct 22nd, 2019

Aerospace giant"s DFW expansion shows importance of manufacturing in North Texas

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.....»»

Category: topSource: bizjournalsMar 12th, 2020

Amazon holiday sales jump as one-day shipping quadruples, stock up 13%

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......»»

Category: topSource: reutersJan 30th, 2020

Dow Jones Newswires: Maersk profit beats, but shipping giant cuts container outlook on weak economies, trade dispute

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

Category: topSource: marketwatchNov 15th, 2019

Amazon profits pinched by speedy shipping push

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......»»

Category: topSource: washpostOct 24th, 2019

Hasbro shares plunge as toymaker battles tariff costs

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%......»»

Category: topSource: reutersOct 22nd, 2019

Explainer: Disruptions in the global shipping industry

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......»»

Category: topSource: reutersOct 7th, 2019

Oil shipping rates soar as U.S. supertanker sanctions rattle crude trade

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......»»

Category: topSource: reutersSep 27th, 2019

Global oil shipping rates soar as U.S. supertanker sanctions rattle crude trade

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......»»

Category: topSource: reutersSep 27th, 2019

Global oil freight rates rocket as U.S. sanctions tanker units of Chinese giant COSCO

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......»»

Category: topSource: reutersSep 27th, 2019

Box-Ship Giant Maersk Reports Huge Rise In Second Quarter Profit

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

Category: earningsSource: benzingaAug 15th, 2019

‘We Are Not Law Enforcement:’ FedEx Sues the Commerce Department Over Huawei Export Rules

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.....»»

Category: europeSource: fortuneJun 25th, 2019

Amazon selling houses for under $20,000, with free shipping

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......»»

Category: topSource: moneycentralMay 22nd, 2019

Amazon selling houses for under $20,000, with free shipping

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......»»

Category: topSource: moneycentralMay 22nd, 2019

Upgrade: Amazon is selling entire houses for less than $20,000 — with free shipping

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......»»

Category: topSource: marketwatchMay 22nd, 2019

Port Report: China"s "Hawaii" Is Cosco"s Newest Port Of Call

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

Category: blogSource: benzingaMay 21st, 2019

Matson reports $32M profit for Q2 2018

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.....»»

Category: topSource: bizjournalsJul 31st, 2018

SoftBank boost earnings with tech investment sales

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......»»

Category: videoSource: reutersAug 6th, 2018

Maersk CEO: Q3 Started With Solid Volumes As Tariff Tiffs Not Yet An Issue

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.....»»

Category: earningsSource: benzingaAug 17th, 2018

Maersk warns trade war will hit container shipping

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......»»

Category: topSource: moneycentralNov 14th, 2018