profits

Ford Avoids Losses Thanks to Import Tariffs

2 months ago

Ford CEO Jim Farley stated that the company has managed to avoid significant financial losses due to the import tariffs imposed on certain goods, including vehicles. He noted that these measures, aimed at protecting the domestic market, have proven beneficial for Ford, allowing the company to avoid excessive costs and maintain profitability amidst challenging economic conditions.

Container Carriers Experience Record Profits Amid High Demand and Rising Rates

7 months ago

A recent boom in container shipping has led to a significant increase in profits for companies in this sector. According to the latest reports, profits for some of the largest container carriers reached record levels in the second quarter due to unprecedented shipping volumes and increased rates. Amid ongoing global container shortages and heightened demand for goods delivery, carriers have managed to significantly raise their service charges.