A.P. Møller - Mærsk A/S (MAERSK-B.CO)
| Previous close | 10,745.00 |
| Open | 10,725.00 |
| Bid | 10,720.00 x 0 |
| Ask | 10,750.00 x 0 |
| Day's range | 10,560.00 - 10,820.00 |
| 52-week range | 8,412.00 - 14,430.00 |
| Volume | |
| Avg. volume | 24,212 |
| Market cap | 165.564B |
| Beta (5Y monthly) | 1.05 |
| PE ratio (TTM) | 22.17 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 515.00 (4.79%) |
| Ex-dividend date | 15 Mar 2024 |
| 1y target est | N/A |
- Reuters
Surge of imports to US continues as possible East Coast port strike looms
Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and anxiety builds over a threatened longshore worker strike on the East Coast and Gulf of Mexico on Oct. 1, trade data provider Descartes Systems Group said on Tuesday. U.S. seaports processed almost 2.5 million 20-foot equivalent units in August. Volume above 2.4 million TEU created bottlenecks and cargo backups in the early days of the pandemic, according to Descartes, a supply-chain software provider.
- Reuters
Maersk, Hapag-Lloyd will add more vessels to alliance if Red Sea disruption continues
Maersk and Hapag-Lloyd could add more container vessels to an alliance announced earlier this year if shipping disruptions in the Red Sea continue, the companies said on Tuesday. Attacks in the Red Sea by Iran-aligned Houthi militants have since late last year forced shipping companies to reroute traffic away from the Suez Canal and instead sail around Africa, a longer journey that ties up more capacity. Maersk and Hapag-Lloyd in January said they had agreed on a new collaboration, starting in February of 2025, to transport a combined 3.4 million containers annually with a fleet of 290 vessels, in a tie-up known as the Gemini Cooperation.
- Reuters
US East Coast ports union meets over wage demand, preps for possible strike
(Reuters) -The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, began two days of meetings on Wednesday to review wage demands and prepare for a potential strike on Oct. 1. Formal talks have reached an impasse as the union and the United States Maritime Alliance (USMX) employer group wrangle over pay, terminal automation, healthcare coverage and retirement benefits. A source familiar with the negotiations said the ILA has asked for a 77% pay bump over the life of the new contract.
