Maersk
Maersk Profits Grounded by High Fuel Prices
Dragged down by major increases in bunker fuel prices, ocean freight and logistics giant A.P. Moller – Maersk…
Shuffle Board: Adidas Changes Up Executive Fleet, Ralph Lauren Creates Two New Exec Roles
Adidas changes up its executive fleet this week. Plus, Ralph Lauren created two new executive roles and Tom…
More Shippers Band Together to Stay Afloat
Container carriers are joining forces to weather the rough economic waters—and to avoid the perfect storm…
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Maersk Profits Fall by Nearly Half on Low Freight Rates
Thanks to market imbalances that kept container freight rates low and oil price movement that was also low…
South African Commission Accuses Six Major Shipping Firms of Price Fixing
Carriers toting the world's goods may be conspiring to set false freight rates.
Maersk Splits Into Two Different Divisions
Shipping titan A.P. Moeller-Maersk will break off its two main businesses—transportation and oil/energy—into…
No End in Sight for Chittagong Congestion
Delays and congestion at the port of Chittagong in southeast Bangladesh are disrupting the country's apparel…
Maersk Profits Fall 86% Thanks to Low Freight Rates
Ocean freight costs have gotten so low that some have said it's never been cheaper to ship goods around the…
New Shipping Alliance Stokes Fear of Monopoly
In a little-noticed partnership certain to have a big impact on the global container industry and…
Container Shipping Rates Kept Low by Technological Progress
Especially during historically sluggish sales, every competitive edge counts for embattled retailers. This…