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Red Sea Crisis Hits Maersk Outlook: 'Oversupply Will Cause Price Pressure, Impact Results'
Thursday, February 8, 2024 - 1:52pm | 624The impact of shipping disruptions hasn’t yet been felt in global commodity markets, but the companies that are carrying freight around longer routes are certainly feeling the pain. What Happened: Shares in Danish shipping giant Moller Maersk (OTC:AMKBY) were down 15.5% in morning trade in...
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Algorithms Are Great But People Dictate Success For Big-And-Bulky Delivery
Monday, September 13, 2021 - 11:56am | 828When the Amazon (NASDAQ: AMZN) driver leaves a package on a doorstep, it's a successful last-mile delivery. But when the item is a sectional sofa, there is an added complexity that no Amazon algorithms have yet perfected. For last-mile delivery of big-and-bulky items, technology is great, but the...
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Genesee & Wyoming Subsidiary To Operate Bulk Transfer Facility In Central California
Thursday, June 17, 2021 - 11:02am | 623A subsidiary of short line operator Genesee & Wyoming (G&W) has acquired and will operate a bulk transfer facility serving the Central Valley of California. Ivory Choice Terminal (ICTC), a subsidiary of G&W's contract rail and related services division, has acquired a facility formerly...
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Bulk Shipping Container Variations
Monday, October 7, 2019 - 12:46pm | 27Image Sourced from Google
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Eagle Bulk Uses 'Active' Model To Outperform The Index
Wednesday, May 8, 2019 - 11:32am | 715Eagle Bulk (NASDAQ: EGLE), an owner-operator in the dry bulk ocean shipping sector, was weighed down by the same market pressures as its competitors, and profits declined in the first quarter. But on a positive note, it averted a loss and was able to achieve higher rates for its ships than the...