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Monster Beverage Edges Past Profit Expectations On Higher Pricing, Cooling Costs

Monster Beverage Corp recently beat estimates for third-quarter profit, helped by higher pricing for its energy drinks and hard seltzers, sending the compa...

Maersk To Cut 10,000 Jobs, Sees Weaker Full Year Profit As Shipping Demand Wanes

Shipping group A.P. Moller-Maersk recently reported a steep drop in profit and revenue in the third-quarter, and said it would cut 10,000 jobs as it b...

Global Freight Cycle May Have Reached Lowest Point: Kemp

Global freight volumes show signs of having bottomed out in the first quarter.

'Party Is Over': Hapag Lloyd CEO Says Freight Rates To Keep Declining

Container freight rates will keep declining in the current realignment of shipping demand and supply.

Hapag-Lloyd Nine-Month Net Profit Soars 10-Fold On Record Freight Rates

German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday.

Allmed European Freight Announces Launch Of Pan-European Transport Network Paneco

Allmed European Freight has announced the launch of the pan-European transport network Paneco together with the support of logistics networks which include...

Kuehne & Nagel Lifts Profit Forecast as Freight Shift Pays Off

Kuehne & Nagel International AG’s third- quarter operating profit rose 9 percent as the freight forwarder shifted to more lucrative U.S. sea-...