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shipping Articles
Thursday morning Frontline, John Fredriksen's tanker company, reported a net loss of $0.81 per share.
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ThinkstockCanaccord Genuity has issued a very mixed report on the tanker and shipping companies that move energy products around the globe. 24/7 Wall St. gave the coverage of these and compared them...
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UPS cutting the one-price strategy as part of its offerings means higher prices for shippers, but almost certainly higher revenue and more controlled costs for UPS.
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ThinkstockSince reporting Q1 earnings last month, less-than-truckload weight (LTL) trucker Old Dominion Freight Line (NASDAQ: ODFL) shares have stomped the gas, and rushed ahead 12% already. This...
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NewLead Holdings jumped from a penny stock last Thursday when the dry bulk shipping company enacted a one-for-50 reverse stock split so its shares would meet the minimum requirement for a listing on...
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Residents of 15 more U.S. cities are now eligible for Sunday delivery of their orders from Amazon.com. The service is available only on some items and in designated cities.
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ThinkstockDryships Inc. (NASDAQ: DRYS) has reported its fourth quarter earnings. The drybulk and petroleum products marine transportation services provider reported a net loss of $24.4 million, or a...
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Kinder Morgan Energy Partners L.P. (NYSE: KMP) announced on Monday that it has entered into an agreement to acquire American Petroleum Tankers and State Class Tankers for nearly $1 billion.
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courtesy Making Change at Walmart and UFCWIf discounts are the stuff of Black Friday’s allure, then Walmart (NYSE: WMT) has set enough products which sell for $10 or less to draw nearly every...
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Wikimedia CommonsWhile J.C. Penney (NYSE: JCP) and Walmart (NYSE: WMT) have run ads in newspapers and online around the country to get shoppers through their doors in a desperate attempt to take...
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courtesy of USPSThe United States Postal Service made two announcement recently. First, it announced a $5 billion annual loss. It also said the price of a first class stamp would rise from $.46 to...
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Wikimedia CommonsAmazon.com Inc.’s (NASDAQ: AMZN) challenge to large retailers is not just that it does not need physical stores to do business, nor that it has one of the most visited websites in...
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By Tkgd2007 at en.wikipedia [Public domain], from Wikimedia CommonsFedEx Corp. (NYSE: FDX) expects December 2 to be its peak shipping day this holiday season. Most analysts believe this means...
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ThinkstockShipping rates as measured by the Baltic Dry Index are up about a third since the end of August. The index measures shipping rates for dry bulk cargoes such as grain and iron ore and is...
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ThinkstockThe 2012 State of the Climate report released by the American Meteorological Society (AMS) indicates that “Conditions in the Arctic were a major story of 2012.” Ice in the region is...
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