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Published on 09:07 GMT

US-China cargo volume plunged in April as customers reacted 'very, very fast' to tariffs, says Maersk CEO

Container volumes between the US and China plunged 30% to 40% in April as President Donald Trump's tariffs took hold, the Danish shipping giant Maersk said on Thursday. "It has gone very fast, so this is the result of customers reacting very, very …

Source: Business Insider - Neutral
Published on 12:21 GMT

Maersk Q1 2025 revenue rises 7.8%

A.P. Moller - Maersk has reported revenue of USD 13.3 billion for the first quarter of 2025, reflecting a 7.8% increase compared to the same period last year. Earnings before interest and taxes (EBIT) rose to USD 1.3 billion, up from USD 177 million in the …

Source: Fresh Plaza - Neutral
Published on 13:52 GMT

Maersk Sounds Alarm Over Drop in Container Volumes Amid US-China Trade War

Danish shipping giant Maersk has warned that a protracted dispute could shrink global volumes this year as container volumes plunged 30 to 40 percent between the US and China in the month of April amid their ongoing trade war. Tariffs imposed by US …

Source: SeaNews - Pending
Published on 04:30 GMT

ZEDEDA Powers Maersk's Next-Generation IoT Connectivity Platform

ZEDEDA, the leader in edge management and orchestration, announced that A.P. Moller - Maersk (Maersk) has selected ZEDEDA as a key technology provider enabling its next-generation IoT connectivity platform, OneWireless. The ZEDEDA edge computing platform …

Source: The Fast Mode - Neutral
Published on 00:56 GMT

Maersk has a strong first quarter, but what’s ahead?

Written by Nick Blenkey Photo: Maersk For the first quarter of 2025 A.P. Moller – Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago. These results, while down on the …

Source: Marine Log - Neutral
Published on May 8, 2025

Trump's trade war is creating 'paralysing uncertainty', warns top shipping boss, as containers drop 40%

By DAILY MAIL CITY & FINANCE REPORTER Updated: 03:39 EDT, 9 May 2025 A top shipping boss has warned Donald Trump’s trade war is creating ‘paralysing uncertainty’ – and said cheap imported T-shirts would cost £110 if made in the US. Moller-Maersk chief …

Source: This Is Money - Neutral
Published on May 8, 2025

Maersk expects no changes from US port fees

Danish container shipping line Maersk said it expects no immediate effect from a U.S. plan to slap steep port fees on Chinese ships. The plan to tax China’s maritime shipping follows what is known as a Section 301 investigation in 2024 by the United States …

Source: FreightWaves - Neutral
Published on May 8, 2025

Maersk reports sixfold increase in Q1 profit amidst Trump tariffs

Danish shipping giant Maersk, a bellwether for global trade, said Thursday its net profit surged sixfold in the first quarter and maintained its full-year earnings outlook despite US President Donald Trump's tariffs onslaught. Maersk said its profit …

Source: ETInfra.com - Pending
Published on May 8, 2025

Maersk Cites “Increasingly Volatile Environment” Lowering Volume Forecast

Maersk, the largest publicly-traded container carrier and logistics company, cited the “increasingly volatile environment,” telling investors that it expects volume growth in the global container market will slow and possibly even be negative in 2025. …

Source: The Maritime Executive - Pending
Published on May 8, 2025

A.P. Moller - Maersk AS (AMKBY) Q1 2025 Earnings Call Transcript

A.P. Moller - Maersk AS (OTCPK:AMKBY) Q1 2025 Results Conference Call May 8, 2025 5:00 AM ET Company Participants Vincent Clerc - Chief Executive Officer Patrick Jany - Chief Financial Officer Conference Call Participants Muneeba Kayani - Bank of America …

Source: Seeking Alpha - Pending
Published on May 8, 2025

Maersk warns global container volumes could drop due to trade war

Shipping group A.P. Moller-Maersk warned on Thursday that a global trade war and geopolitical uncertainty could trigger a drop in global container volumes this year, although it left its profit outlook unchanged. Trade tariffs imposed by US President …

Source: ETInfra.com - Pending
Published on May 8, 2025

Maersk Cuts 2025 Container Outlook: China Capacity ‘Not Available Elsewhere’

Maersk now expects a possible decrease in worldwide container volumes for 2025 on the backdrop of U.S.-levied tariffs on global trading partners and a trade war with China. While the ocean carrier previously anticipated global container volume growth to be …

Source: Sourcing Journal - New York - Neutral
Published on May 8, 2025

Maersk Bunker Consumption Drops to Lowest Since Q4 2024

Maersk is one of the world's largest consumers of bunker fuel. Image Credit: Ship & Bunker / Data Credit: Maersk Container shipping giant AP Moller-Maersk saw its quarterly bunker consumption drop to the lowest level in more than a year in the …

Source: Ship & Bunker - Neutral
Published on May 8, 2025

Shipping lines start to bypass Karachi as India-Pakistan tensions rise

CONTAINER carriers have begun avoiding calls at Karachi amid escalating conflict between India and Pakistan. The move marks the latest geopolitical disruption to hit the sector, albeit still limited in scope. Several shipping lines have notified customers …

Source: Lloyd's List - Neutral
Published on May 8, 2025

Maersk sees 30%-40% drop in China-US trade and ‘race’ for inventories

MAERSK has confirmed a severe decline in China-US trade volume, echoing comments from other carriers, but it said the shipping industry is managing the tariff-induced disruption well — at least so far. “China-US volumes dropped 30%-40% in April,” said …

Source: Lloyd's List - Neutral
Published on May 8, 2025

Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions

The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than- …

Source: CNBC - Neutral
Published on May 8, 2025

Maersk Cuts Global Container Market Outlook on Tariff War

By Christian Wienberg May 8, 2025 (Bloomberg) –A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport market rattled by Donald Trump’s trade war. Maersk set a new outlook for 2025 market development, ranging …

Source: gCaptain - Neutral
Published on May 8, 2025

Maersk CEO: Trump’s Supply Chain-Related Tariff Goals ‘Very Unrealistic’

Maersk CEO Vincent Clerc said President Donald Trump’s vision of a reordered global supply chain can’t happen overnight. Clerc said it would take Trump “a decade or two of persistent effort” to reconfigure the world’s supply chains through tariffs, the …

Source: PYMNTS.com - Massachusetts - Neutral
Published on May 8, 2025

Maersk cuts container forecast, maintains financial outlook

The Danish company warned that escalating US-China trade tariffs, particularly recent moves under US president Donald Trump’s policy agenda, had already led to a steep 30% to 40% decline in trans-Pacific shipping volumes in April. Chief executive Vincent …

Source: ShareCast - Neutral

03 days 12:41:50

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Published on May 9, 2025 - 14:00 GMT

HII Welcomes High School Seniors to Shipbuilding Careers at Newport News Shipbuilding

NEWPORT NEWS, Va., May 09, 2025 (GLOBE NEWSWIRE) -- More than two dozen high school seniors know what they’ll be doing after graduation this year, after accepting offers to begin their shipbuilding careers at HII’s (NYSE: HII) Newport News Shipbuilding …

Distribution channels: Aviation & Aerospace Industry, Media, Advertising & PR ...
Published on May 9, 2025 - 10:00 GMT

Automotive Load Floor Market to Reach USD 494.8 Million by 2035, Rise in Utility-Oriented Vehicle Production

Automotive Load Floor Market grows with demand for enhanced cargo space, lightweight materials, and vehicle interior customization. NEWARK, DE, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The global automotive load floor market is poised …

Distribution channels: Automotive Industry ...

Published on May 8, 2025 - 19:21 GMT

CBP Acting Commissioner Pete Flores addresses the Trade and Cargo Security Summit

NEW ORLEANS – Good afternoon, everyone. It's a full room. It’s good. It’s good to see the participation here today and everybody in the room really for a week of collaboration with us, really, as we start this off. That's what this event is for, …

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Published on May 8, 2025 - 13:00 GMT

U.S. Cargo Drones Market to Reach $3,275.1 Million by 2030 – Revolutionizing Logistics!

Delray Beach, FL, May 08, 2025 (GLOBE NEWSWIRE) -- The report "US Cargo Drones Market by Solution [Avionics, Route Planning & Optimizing, Fleet Management, Ground Control Stations, Services], Range (Short, Mid, Long) , Payload (10-49 Kg, 50-149 Kg …

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Published on May 7, 2025 - 15:00 GMT

FlavorCloud State of Cross Border Report Highlights Tariff Trends, Growing Shipping Lanes, and Industry Growth Rates

Shippers Seeing a 76% Boost in International Sales Year over Year SEATTLE, WA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- FlavorCloud, a global shipping and trade compliance platform specializing in seamless cross-border commerce for …

Distribution channels: Business & Economy, Consumer Goods ...
Published on May 7, 2025 - 09:18 GMT

AsstrA at Transport Logistic 2025 in Munich

AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025. SWITZERLAND, May 7, 2025 /⁨EINPresswire.com⁩/ -- AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025, the world …

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Published on May 7, 2025 - 20:20 GMT

Genco Shipping & Trading Limited Announces Q1 2025 Financial Results

Declares Dividend of $0.15 per share for Q1 2025 Represents Genco’s 23ʳᵈ Consecutive Quarterly Dividend Announces a $50 Million Share Repurchase Program Building on Long-Standing Dividend Strategy NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Genco Shipping …

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Published on May 7, 2025 - 18:53 GMT

22 Shipping Companies Presenting at the 2nd Maritime Leaders Summit Hosted By: Capital Link & DNV - Nor-Shipping - ...

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Senior executives from 22 leading shipping companies will participate on panels discussions at the “2nd Maritime Leaders Summit” on Monday, June 2, 2025, at the Clarion Hotel The Hub in Oslo, Norway. The event is …

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Published on May 9, 2025 - 10:00 GMT

MindCloud Awarded the Spring 2025 High Achiever Award by TopBusinessSoftware.com

MindCloud, proudly announces that it has been awarded the Spring 2025 High Achiever Award from TopBusinessSoftware.com. CLEARWATER, FL, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- MindCloud, a leader in AI-powered software integrations, …

Distribution channels: Agriculture, Farming & Forestry Industry, IT Industry ...
Published on May 9, 2025 - 06:02 GMT

Martinus Rail and A1 Technologies: Cost Consolidation and Strategic IT Roadmap for Nearly $1M Savings

Strategic IT roadmap aligned spend, security, and governance—optimising Microsoft 365 and cutting nearly $1M in costs over 3 years. BRISBANE, AUSTRALIA, May 9, 2025 /⁨EINPresswire.com⁩/ -- A1 Technologies, a Microsoft Solutions Partner and provider of …

Distribution channels: IT Industry, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 12:00 GMT

Xos, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call

LOS ANGELES, May 09, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its first quarter 2025 operating results on Wednesday, May 14, 2025 after …

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Published on May 9, 2025 - 09:53 GMT

Nordic American Tankers Ltd (NYSE: NAT) – The company is in an active phase of development

Friday, May 9, 2025 Dear Shareholders and Investors, The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up. Dividend is a priority. As per previous …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:36 GMT

AI vs. Tariffs in Global Trade: New 2025 Report Details AI Mitigation for Soaring Costs & Trade Contraction

global trade landscape faced a shock in early 2025, caught in the crosscurrents of aggressive tariff regimes and the transformative power of (AI). LONDON, UNITED KINGDOM, May 8, 2025 /⁨EINPresswire.com⁩/ -- The global trade landscape faced a …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 18:03 GMT

Mallplaza growth in visitor flows, revenue and EBITDA positioning it as the fastest-growing company in the industry

The performance of its unique portfolio in the Andean Region stands out, leader in tenant sales and revenues SANTIAGO, CHILE, May 8, 2025 /⁨EINPresswire.com⁩/ -- Mallplaza continues to post positive financial results. In 1Q2025, the company …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:32 GMT

Polyvance Expands Heavy Truck Hood Repair Solutions with New Kits for Peterbilt 579 and Kenworth T800 Models

RAINSVILLE, AL, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Polyvance, a leader in automotive and industrial plastic repair solutions, is pleased to announce the launch of two innovative heavy truck hood repair kits: one specifically …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:10 GMT

Movers.com Offers Expert Tips for Stress Free Moves This 2025 Peak Season

With the busy moving season officially underway in May, Movers.com shares essential planning tips to help Americans relocate smoothly and affordably. NORTH BRUNSWICK, NJ, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- As the U.S. enters its …

Distribution channels: Real Estate & Property Management, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 14:15 GMT

Fastport Partners with American Trucking Associations' Workforce Heroes Program to Support Veteran Career Transition

Fastport partners with ATA’s Workforce Heroes Program to help Veterans transition into trucking and transportation careers. WASHINGTON, DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Fastport, a leader in helping military veterans transition into …

Distribution channels: Business & Economy, Companies ...
Published on May 8, 2025 - 13:00 GMT

SCAYLE's ‘Conversion Killer’ report reveals 71% of US consumers are uncomfortable with the way retailers are using AI

Research of over 1500 US shoppers highlights 71% uncomfortable with some of the AI tools being used by retailers, and 1 in 3 put prices over brand loyalty. HAMBURG, GERMANY, May 8, 2025 /⁨EINPresswire.com⁩/ -- Consumer research released today by SCAYLE, …

Distribution channels: Culture, Society & Lifestyle, IT Industry ...
Published on May 8, 2025 - 12:15 GMT

The Brooks Group Named Great Employer to Work for in North Carolina 2025

Leading sales training company recognized for workplace culture and employee experience GREENSBORO, NC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- The Brooks Group, a leading sales training and development company, announced it has been …

Distribution channels: Building & Construction Industry, Chemical Industry ...
Published on May 8, 2025 - 09:45 GMT

Louisiana Mesothelioma Victims Center Urges a Former Shipyard or Barge Worker with Mesothelioma or Lung Cancer in ...

NEW ORLEANS , LA, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- The Louisiana Mesothelioma Victims Center says, "If your loved one is a former shipyard or barge worker anywhere in Louisiana and they now have mesothelioma or lung cancer …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on May 8, 2025 - 20:15 GMT

Global Ship Lease Announces Annual Meeting of Shareholders

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) has scheduled its Annual Meeting of Shareholders for June 17, 2025, at 10:00 a.m. Eastern Time (the “Annual Meeting”). The record date for determining …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:15 GMT

Okeanis Eco Tankers Corp. – New Financings Update

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has declared its options to purchase back each of the VLCC vessels Nissos Kea, Nissos Nikouria, and Nissos …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:05 GMT

Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended March 31, 2025 of $0.049 Per Unit

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has declared a quarterly cash distribution with respect to the …

Distribution channels: Banking, Finance & Investment Industry, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:05 GMT

Karat Packaging Reports 2025 First Quarter Financial Results

— Strong revenue growth and well-positioned ahead of the global trade uncertainty — CHINO, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of environmentally …

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Published on May 8, 2025 - 19:41 GMT

GOGL – 2025 AGM Results Notification

Golden Ocean Group Limited (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 08:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 05:53 GMT

Eddie Dunn Appointed Interim President of VETS2INDUSTRY

Seasoned talent innovator and veteran–transition advocate to lead national nonprofit into next phase of growth SAN ANTONIO, TX, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- The Board of Directors of VETS2INDUSTRY (V2I) is pleased to announce the …

Distribution channels: Healthcare & Pharmaceuticals Industry, IT Industry ...
Published on May 8, 2025 - 13:20 GMT

Sonoco Releases 2024 Corporate Sustainability Report

HARTSVILLE, S.C., May 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in value-added sustainable packaging, today released its 2024 Corporate Sustainability Report, marking its transformation into a more sustainable …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 12:45 GMT

Star Bulk Announces Date for the Release of First Quarter Ended March 31, 2025, Results, Conference Call, and Webcast

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter ended March 31, 2025, after the market …

Distribution channels: Culture, Society & Lifestyle, Shipping, Storage & Logistics ...