A container ship from China-owned Cosco Shipping on Aug. 7, 2023. Justin Sullivan | Getty Images News | Getty Images Chinese state-owned shipping giant Cosco suspended shipping to…
Read more China's largest shipper reportedly suspends trips to Israel as Red Sea tensions mountThe Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Danish shipping…
Read more Shipping giant Maersk to divert vessels away from the Red Sea ‘for the foreseeable future’U.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration’s $21 billion commitment to modernize port infrastructure in…
Read more Why U.S. ports are getting a $21 billion upgradeA.P. Moller-Maersk, is one of the world’s biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade. Andia…
Read more Shipping giant Maersk unveils ‘trendsetter’ green vessel as it aims to be carbon neutral by 2040A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Danish shipping giant Maersk on Friday reported a…
Read more Shipping giant Maersk beats expectations despite 72% profit plunge on falling container ratesWall Street’s biggest bank CEOs, from Jamie Dimon at JPMorgan to Brian Moynihan at Bank of America, were talking a recession as the “base case” as part of…
Read more Four troubling global trade trends flashing consumer weakness for a market already fearing recessionShares of large, cash-rich companies have benefitted from a slowing growth environment this year while the broader market has sold off. The iShares Select Dividend ETF — composed…
Read more Goldman Sachs names 4 inflation-busting high-dividend stocks for next year
