Nike

‘Chicken-and-egg effect’ adding pressure on already stressed US importers

The financial cost to major shippers of the twin supply chain challenges of container shortages and port congestion are becoming increasingly apparent as BCOs begin to report quarterly figures.
On Friday, US footwear and apparel giant Nike released its third-quarter results – covering its operating performance from December to the end of February – which revealed quarterly revenue in North America down 11% year on year.
This was a result of “container …

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https://theloadstar.com/chicken-and-egg-effect-adding-pressure-on-already-stressed-us-importers/

FreightWaves Flashback: Nike: Don’t put too many shoes in one basket

FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to [email protected].

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of...

https://s29755.pcdn.co/news/freightwaves-flashback-nike-dont-put-too-many-shoes-in-one-basket

Maersk on board journey to zero emissions

A.P. Møller – Maersk is one of nine global corporate powerhouses working together to accelerate the transition to a world with net-zero emissions.

The launch of Transform to Net Zero was announced Tuesday by the leaders of the nine companies. In addition to Maersk, the world’s largest container shipping line, the founding members are Danone, Mercedes-Benz AG, Microsoft Corp., Natura &Co., Nike Inc., Starbucks, Unilever and Wipro. They are joined by the Environmental Defense Fund and supported by

https://s29755.pcdn.co/news/maersk-on-board-journey-to-zero-emissions

Maersk joins zero-emissions global initiative

AP Møller Maersk is participating in a new initiative by nine companies that aims to accelerate the transition to a net zero global economy.

The initiative, known as Transform to Net Zero was launched on 21 July, intends to develop and deliver research, guidance, and implementable roadmaps to enable all businesses to achieve net zero emissions, according to a statement.

The initiative will be led by founding members including AP Møller – Maersk, Danone, Mercedes-Benz AG, Microsoft, Natura & Co,...

https://container-news.com/maersk-joins-zero-emissions-global-initiative/

Nike And Ocean Conservancy Join New Arctic Shipping Pledge

arctic ice

Nike and Ocean Conservancy launched the Arctic Shipping Corporate Pledge, inviting businesses and industry to join them in the commitment to not ship through the Arctic Ocean shipping routes.

As Arctic ice continues to diminish because of climate change, it opens the possibility of cargo traffic through ocean routes that were previously unnavigable. And though these routes can offer decreased transit times, increasing vessel traffic on Arctic shipping routes poses great risk and potentially...

https://www.marineinsight.com/shipping-news/nike-and-ocean-conservancy-join-new-arctic-shipping-pledge/

Nike trainers wash up on beaches after containers go overboard in storm

Anyone looking out for a new set of Nikes may be best off combing the beaches of the UK, where trainers “in their hundreds” have been washing up over the past year. The sport shoes found their way into the water after a heavy storm sent a container overboard. Though not certain, The Telegraph suggests they came off the Maersk Shanghai in March when the Charleston-bound vessel was hit by …

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