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CFOs On the Move: Week Ending June 24
McAfee, Boohoo, Carlsberg, Janus International, LaserShip, Wheels Up, JELD-WEN, LiveWire, SeaWorld, Deliveroo
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Lauren Muskett
| June 24, 2022
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Shipping
Strategy
eBay Matches Amazon With Logistics Option
A new eBay service will enable merchants to store inventory in strategically located warehouses, resulting in faster delivery times.
By
Matthew Heller
| July 25, 2019
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Strategy
Maritime Nations Agree to Cut CO2 Emissions
The agreement brings “another major constituency on board in the international quest" to reduce global warming.
By
Matthew Heller
| April 16, 2018
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Technology
IBM, Maersk to Bring Blockchain to Shipping
The companies' new joint venture "marks a milestone in our strategic efforts to drive the digitization of global trade."
By
Matthew Heller
| January 17, 2018
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Financial Performance
FedEx Earnings Beat, Package Deliveries up 9%
The company predicts a record holiday season after strong domestic and international shipping demand over Thanksgiving.
By
Matthew Heller
| December 20, 2017
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Strategy
Maersk Line Buys German Rival Hamburg Süd
The deal is part of a wave of consolidation in the container industry amid low freight rates that have driven down shippers' profits.
By
Matthew Heller
| December 2, 2016
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Supply Chain
Your Supply Chain Is Riddled with Risk
While it's nice to cut supply-chain costs, don't choose a low-cost shipper without considering all cargo-related risks.
By
Kevin Ingram
| November 22, 2016
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Strategy
International Shipholding Sinks Into Chapter 11
Amid the slump in commodity prices, the dry-goods shipper was unable to generate enough cash to satisfy creditors.
By
Matthew Heller
| August 1, 2016
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Strategy
Industry Downturn Sinks Dry Bulk Shipper
Global Maritime Investments has filed Chapter 11 bankruptcy due to decade-low charter rates for its ships.
By
Matthew Heller
| September 16, 2015
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The Economy
UPS Profit Hit By Costs of ‘High Quality’ Holiday Service
The delivery service muscled up for Christmas to avoid delivery problems, but demand came in below expectations.
By
Matthew Heller
| January 26, 2015
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