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SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) declared a dividend on Wednesday, August 16th, NASDAQ reports. Stockholders of record on Monday, August 28th will be given a dividend of 0.7163 per share on Friday, September 29th. The ex-dividend date is Friday, August 25th. SITC International Trading Down 10.4 % SITIY stock traded […]
The containership sector continues to set new records despite the overall downturn in volumes and rates which is contributing to a near-term dramatic...
Investors in Danaos thought they were buying a container shipping stock. Now they’re invested in dry bulk, too. The post Container shipping’s Danaos buys into dry bulk amid rate slump appeared first on FreightWaves.
Maersk, the world's second-largest container shipping firm, said Friday it expects shipping volumes to fall this year as companies continue to reduce inventories. The Danish firm had previously expected shipping volumes to be flat or dip slightly this year, but now sees them down one to four percent.
The world’s largest logistics provider threw cold water on prospects for a measurable rebound in cross-border freight transportation during the normally busy months leading up to holiday shopping events. Kuehne+Nagel […] The post Kuehne+Nagel writes off peak shipping season appeared first on FreightWaves.