Maersk To Increase Full-year Earning To 43%

Maersk has upgraded its full-year earnings forecast by 43% and predicts the exceptional market situation, says an article published by The Loadstar.

Ocean volumes increased by 5.7%

In a trading update ahead of the release of its Q1 results next week, the Danish transport group reported an EBITDA level of $3.1bn from revenues of $12.4bn – up 106% and 71%, respectively, in the same period of 2020.

Maersk said, “Volumes in Ocean increased by 5.7% and average freight rates improved 35% in Q1 21,...

https://mfame.guru/maersk-to-increase-full-year-earning-to-43/

DFDS In January: Freight Down After Q4 Stockbuilding Reversed As Expected

DFDS Ends 2020 With Another Strong Freight Quarter In Q4, the DFDS’ freight earnings were boosted by UK stockbuilding and the improved performance of the Mediterranean route network. On the passenger side, Covid-19 restrictions continued to affect the business. Q4 Results (DKK million) -6.2%...

https://ferryshippingnews.com/dfds-in-january-freight-down-after-q4-stockbuilding-reversed-as-expected-2/

FLEETCOR Q4 earnings ‘better than expected’

FLEETCOR reported Q4 earnings for 2020.Link to full report

Global business payments company FLEETCOR Technologies Inc. (NYSE: FLT) reported adjusted earnings per share of $3.01 for the fourth quarter Thursday, higher than Yahoo Finance’s estimated $2.82, but a 5% decrease compared to the 2019 fourth quarter. 

“Q4 finished better than expected, with improving trends across the board,” said Ron Clarke, chairman and chief executive officer at FLEETCOR, in a statement

FLEETCOR reported net revenue of $617 million in the quarter, an 11.7%...

https://s29755.pcdn.co/news/fleetcor-q4-earnings-better-than-expected

Pitney Bowes reports record revenue in Q4

Pitney Bowes reports fourth quarter earnings for 2020.Link to full report

E-commerce and parcel solutions provider Pitney Bowes (NYSE: PBI) Tuesday reported consolidated revenue exceeded $1 billion for the fourth quarter of 2020, a 24% year-over-year increase.

“Revenue growth was the highest modern-day, organic growth rate on record for us,” Marc B. Lautenbach, president and CEO at Pitney Bowes, said in a statement. 

Earnings per share did dip to 13 cents in the fourth quarter from 14 cents per share in Q4 of 2019.

Global e-commerce for Pitney Bowes...

https://www.freightwaves.com/news/pitney-bowes-reports-record-revenue-in-q4

New Partnership To Deliver High Speed Network in the Arctic!

  • OneWeb announced a new distributor partnership expected to enable delivery of its high speed communications services.
  • The services extend across Alaska and in he Arctic region.
  • The network is expected to enable regional initiatives such as the collection of climate data, and the growth of a digital economy.

The global communications company OneWeb announced a new distributor partnership expected to enable delivery of its high speed communications services across Alaska, reports Safety4sea.

Servi...

https://mfame.guru/new-partnership-to-deliver-high-speed-network-in-the-arctic/

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