Finance Archives - Page 492 of 1000 - Maritime Shipping News

Activist investor alters 5 seats on Forward Air board

16 March 2021

An activist investor group led by Ancora Advisors has effected change to five seats on asset-light trucking and logistics company Forward Air’s (NASDAQ: FWRD) board.

Forward announced Monday after the market close that it has “appointed five independent and highly qualified directors” in connection with an agreement with Ancora. The directors will join the board immediately and stand for election at the annual meeting on May 19.

New agreement brings back former leadership

The cooperation agreement...

https://www.freightwaves.com/news/investor-activism-alters-5-seats-on-forward-air-board

Pangaea Logistics seals sixth straight profitable year as public company

15 March 2021

Rhode Island-based operator also sees off two directors who had been supporters since 2008

https://www.tradewindsnews.com/bulkers/pangaea-logistics-seals-sixth-straight-profitable-year-as-public-company/2-1-980778

Ostensjo and Wilhelmsen venture Edda Wind prepares for Oslo IPO

15 March 2021

Joint venture also reveals order for two more service operation vessels in Spain

https://www.tradewindsnews.com/offshore/ostensjo-and-wilhelmsen-venture-edda-wind-prepares-for-oslo-ipo/2-1-980554

Eagle Bulk plays the ATM card in $50m filing

15 March 2021

Bulker owner references ultramax acquisitions but fundraising option not believed connected to imminent deal

https://www.tradewindsnews.com/finance/eagle-bulk-plays-the-atm-card-in-50m-filing/2-1-980492

Product tanker duo helps lead US shipping stocks to another big week

15 March 2021

Investors look to be anticipating recovery ahead for long-punished sector

https://www.tradewindsnews.com/finance/product-tanker-duo-helps-lead-us-shipping-stocks-to-another-big-week/2-1-980399

EEX eyes growing role of freight traders in carbon markets

15 March 2021

Clearing house sees windfall from shipping’s interest in carbon trading

https://www.tradewindsnews.com/finance/eex-eyes-growing-role-of-freight-traders-in-carbon-markets/2-1-979058

PPP money flowing to transportation, warehousing at same rate as before

12 March 2021

With approximately two weeks left in the third iteration of the Paycheck Protection Program, here are some numbers to indicate how things are going with the distribution of hundreds of billions of dollars to keep people employed and to give a lifeline to businesses that need it — or cash to others who maybe don’t need it but are finding a way to get it regardless.

The current PPP program that kicked off in January, following back-to-back programs that wrapped up in August, was always targeted at...

https://s29755.pcdn.co/news/ppp-money-flowing-to-transportation-warehousing-at-same-rate-as-before