Maersk Line has introduced a new generation of controlled atmosphere containers which have been specially designed to carry bananas over longer distances and are able to maintain product quality for up to 45 days. The technology...
Read MoreCosco Corp. said its third-quarter net profit fell 80% from a year earlier, because of lower contributions from its ship-repair and ship-building businesses, and warned that it expects profit for the year to be substantially...
Read MoreArcher Daniels Midland Co. said Tuesday that its first-quarter profit tumbled 53 percent as the global recession dragged down demand for crops and ethanol, but demand is improving in some key markets. … Crop and ingredient...
Read MoreZim Integrated Shipping Services said its parent Israel Corp. will provide a $450 million capital injection and a $100 million “safety net” to shore up the struggling Israeli carrier’s finances. … Zim lost $302 million in...
Read MoreWarren Buffett is calling his acquisition of the Burlington Northern Santa Fe railroad company a $34 billion wager on the economic future of the U.S. It’s his biggest investment ever. … Burlington Northern has...
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