Maersk Line
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Maritime
How high can container shipping profits go? Will 2022 top 2021?
Liner profits still rising: second half looks stronger than first and Deutsche Bank sees even higher earnings next year.
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Trucking
Viewpoint: 2021 is the year of the freight service embargo
You can’t blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.
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Maritime
Global demand isn’t booming. So why are shipping rates this high?
Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.
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Company earnings
Maersk posts blockbuster Q2 results — and Q3 looks even better
Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.
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Company earnings
‘The best quarter ever’ for container shipping giant Maersk
Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.
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American Shipper
FreightWaves Flashback: Maersk launches first 6,000-TEU ship
1996: At 1,044 feet (318.2 meters) long, the new Maersk ships are longer than the Eiffel tower, but they are still capable of a high…
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Container
Shares of ocean carrier ZIM jump 64% after ‘abysmal’ debut
ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.
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Company earnings
Container giant Maersk sees no letup yet in COVID-fueled cargo boom
Maersk, the world’s largest container carrier, just reported record quarterly results. And its next quarter looks even better.
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Maritime
‘Blue wave’ stimulus could spur import surge on top of surge
A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
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Maritime
Container line ZIM goes to Wall Street: Will IPO stars align?
Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from debt load.
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