A.P. Moeller-Maersk A/S, operator of the world’s biggest container line, said third-quarter profit increased as it cut costs and boosted box volumes.
November 13, 2014Business, Logistics
Maersk Profit Rises on Container Volume Gain, Cost Drop
Business, Logistics
Federal Maritime Commission Clears Ocean Carrier Alliance
The Federal Maritime Commission has cleared the planned vessel alliance of Maersk Line and Mediterranean Shipping Co., the two largest ocean carriers.
October 9, 2014Business, Logistics
Maersk Raises 2014 Profit Forecast on Container Increase
A.P. Moeller-Maersk A/S raised its full-year profit forecast after the company’s container-shipping line, the world’s largest, said earnings are rising because of higher freight volumes and lower costs.
August 19, 2014Business, Logistics
Maersk First-Quarter Profit Jumps on Lower Costs, Higher Volumes
A.P. Moeller-Maersk ’s container shipping line, the world’s largest, said first-quarter profit more than doubled and the forecast was raised on lower costs and higher volumes countered a drop in freight rates.
May 21, 2014Business, Logistics
Maersk to Sell Stake in Supermarket to Focus on Transport, Energy
A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported.
January 7, 2014Business, Logistics
Maersk Third-Quarter Profits Rise
Maersk Line reported that its third-quarter profit rose from a year ago, and its parent company A.P. Moller-Maersk raised its full-year forecast, Bloomberg News reported.
November 13, 2013Business, Logistics
Maersk Swings to First-Quarter Profit
A.P. Moller-Maersk reported a first-quarter profit compared with a loss a year ago, but revised its global container forecast downward, Bloomberg News reported.
May 20, 2013Business, Logistics
Maersk Reports $975 Million 4Q Profit
A.P. Moller-Maersk said Friday it had fourth-quarter earnings of $975 million on improved rates in its container subsidiary, the Associated Press reported.
February 22, 2013Business, Logistics
Maersk Has Record Profit as Freight Business Surges
A.P. Moller–Maersk A/S, the Danish company that owns the largest ocean shipping line, announced record earnings on Feb. 23, powered by a rebounding international freight market.
March 4, 2011