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

Kohl's Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher discounts during the holiday season......»»

Amazon.com, Inc. (NASDAQ: AMZN) said today its fourth-quarter worldwide shipping costs soared to $9.041 billion as the e-tailing giant invested more heavily in its own shipping ne.....»»

Condensing all your Amazon orders into one weekly delivery could help the e-commerce giant cut emissions and cut costs. For households t.....»»

Nearly half of small businesses reported supply shortages or other problems in March, affecting a wide range of industries across the country. Container ships and gantry cranes in Felixstowe, Suffolk, Unite.....»»

The giant container ship Ever Given shipping vessel, after being stuck on the world's busiest trading channel Suez Canal for nearly a week, is near to being fully refloated by engineers on read more.....»»

Supercharged Economy Leaves Global Supply Chain "Stretched Thin" Shipping container shortages across Asia, vessel traffic jams at ports, higher shipping costs, and soaring input prices - .....»»

"It's Systemic" - Coffee Consumers Face Soaring Prices As Shipping Costs Surge Shipping bottlenecks created b.....»»

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Peloton Interactive Inc. notch.....»»

Samsung expects its profit to weaken in the current quarter with a weak dollar and costs associated with expanded production lines.....»»

One year after the coronavirus pandemic first disrupted global supply chains by closing Chinese factories, fresh shipping headaches are delaying U.S. farm exports, crimping domestic manufacturing and threatening higher prices for American consumers......»»

Strong demand for deliveries of shipping containers were up 11%, helped offset weakness in nearly every other category of freight.....»»

Cincinnati-based consumer goods giant Procter & Gamble saw a surge in sales amid the continuing coronavirus pandemic, which led to nearly $4 billion in profit in its most recent quarter. Consumer spending fueled by Covid-19 saw P&G (NYSE: PG) re.....»»

Shares of Matson Inc. rose more than 5% in the extended session Monday after the shipping company.....»»

The tiny home is furnished and totally move-in ready on arrival. The basic model costs $52,000, with an additional $8,000 for shipping to the US. Nestron Cube Two. Nestro.....»»

Sportswear giant reports higher profit and revenue, boosted by China and 84% jump in digital sales.....»»

Shares in A.P. Moller-Maersk fell 6% after the Danish shipping giant warned of a sharp drop in global container volumes as the coronavirus pandemic disrupts global supply chains......»»

Shipping giant A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic after posting flat first-quarter revenues in line with expectations......»»

FedEx is partnering with tech company BigCommerce to offer small businesses free tech service and discounted shipping costs......»»

With workers in at least 64 warehouses and shipping facilities testing positive for covid-19, the e-commerce giant says it hopes to start testing a small numbers of employees “soon.”.....»»