Cosco’s Profit Drops by Half as Lower Freight Rates Bite
“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.
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“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.
The carrier and ports group said revenue on all major trades, except its domestic network, fell in the first quarter, resulting in a 13% drop in revenue from container shipping.
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
Lucio L. Co-led Cosco Capital, Inc. said its net income rose by 3.4% to P15.96 billion in 2025 from P15.4 billion a year earlier, driven by its grocery and liquor segments. In a re...
Cosco Shipping Specialised Carriers, the Chinese group’s multipurpose arm, yesterday launched a regular service to ship used cars from Incheon to North Africa in containers. This i...
To begin I must admit that Costco is one of my favourite stores. I started thinking about the Costco Supply Chain. Stereotypically I almost always buy more than I intended given th...
Cosco Shipping Lines has introduced a new North Africa Express (NAX) service connecting key ports in China with Libya, expanding its presence in the region. The service operates wi...
NotALot: What’s the difference between a Costco and a Promocash? It’s more than just a cash and carry. It does have the usual food and drink, household products, toiletries, etc...
Retail giant Costco appears intent on expanding its hemmed-in Eugene store, but details remain sketchy. This we know: The company last August paid $6 million … Continue reading →
It was a lot easier when we lived in Yvelines…the trip from Orne is over 3 hours. Cannot compare to the US however the basic model is global - make money on membership fee and then...
Costco-anchored apartment complex under construction at 5035 W. Coliseum Street Steven Sharp Tue, 05/05/2026 - 06:15 A year-and-a-half after a ceremonial groundbrea...
Costco is testing a system that scans your items before you reach the register.
Costco is rapidly expanding in 2026, with new locations recently opened or scheduled to open soon in California and across the country, as well as an international location. The wa...
Hold on to your hat when you shop at Costco: The Washington-based retailer is testing new pay stations that should exponentially speed up checkout times.
Costco is sharing new details about the technology it has been testing to speed up checkout at its warehouses. During the company’s latest earnings call, CEO Ron Vachris said the p...
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