News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
… just noticed, perhaps?!
Good timing, though.
In my mind
Sniff sniff.
One cent beat to Q4 23 non-GAAP earnings and one cent added to the quarterly dividend per share.
Seen it before elsewhere.
Yes!
Shivers
Down -8.2% y’day to $145 apiece, the worst performer in our demo portfolio.
Unlucky again in 2023, as ’superior’ UPS falters anew.
Soft 2024 guidance didn’t help, either.
Bar the projected annual sales range, adjusted operating margin is expected at between 10% and 10.6%, materially lower than the previously coveted target.
It was undoubtedly eventful* (click ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
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