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  • on online shopping boom is benefiting shipping giant mask It's moving along the furniture, exercise bikes and other goodies ordered by consumers stuck at home.

  • Container ships have been sailing at full load since August, something not seen in a decade.

  • The ocean shipping business was also helped by high freight rates.

  • Onda low fuel costs all told that sore fourth quarter pretax earnings leap 85% to just over $2.7 billion.

  • That still fell short off analyst forecasts, however, and saw shares head sharply lower.

  • They tumbled as much as 8% in morning trade Wednesday.

  • Investors also noted the company's more cautious than expected outlook for trade masks.

  • Expected earnings range for the year starts as low as $8.5 billion compared with the over 10 billion that analysts had forecast.

on online shopping boom is benefiting shipping giant mask It's moving along the furniture, exercise bikes and other goodies ordered by consumers stuck at home.

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B1 outlook shipping earnings trade expected tumble

Maersk shares tumble on wary trade outlook

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    林宜悉 posted on 2021/02/12
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