Global shipping costs creep higher after 16-month freefall
During the peak pandemic, shipping rates skyrocketed tenfold to record highs as consumers started to load up on household items.
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During the peak pandemic, shipping rates skyrocketed tenfold to record highs as consumers started to load up on household items.
Matson, Inc. (NYSE:MATX – Get Free Report) CEO Matthew J. Cox sold 10,000 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $93.78, for a total value of $937,800.00. Following the transaction, the chief executive officer now directly owns 231,267 shares of the company’s […]
Hawaii is now being regularly supplied with goods delivered on two cargo ships powered by natural gas instead of higherÂ-emissions fuel.
The London Company, an investment management company, released “The London Company Small Cap Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. US stocks performed well in Q2, with the majority of the gain generated in the month of June. In the second quarter, the fund returned 2.5% gross (2.3% […]
Matson (NYSE:MATX – Free Report) had its price objective raised by Stifel Nicolaus from $86.00 to $90.00 in a report issued on Wednesday morning, Marketbeat.com reports. Stifel Nicolaus currently has a hold rating on the shipping company’s stock. MATX has been the subject of a number of other research reports. Stephens lifted their price objective […]