Financial woes continue
Maersk: $373 million first quarter loss
Citing deteriorating “general market conditions,” A.P. Moller – Maersk Tuesday reported a first quarter loss of $373 million compared to a profit of $1.05 billion in the same 2008 period.
NOL records $245 million loss
Neptune Orient Lines, parent company of container carrier APL, said it had a first quarter loss of $245 million compared to a profit of $121 million in the same 2008 period.
Trailer Bridge hurt by weak Puerto Rico demand
Financial woes continue