Surging Costs Impact Company Earnings and Transport Sector
Under Armour's stock tumbled as surging costs eroded its earnings, highlighting a broader economic trend. Energy costs are also placing additional pressure on the container transport industry, affecting profitability across various sectors.
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Under Armour’s stock tumbles as surging costs eat away at earnings
Under Armour’s losses were wider than expected, and the outlook was below forecasts as rising costs take a bite.
By Tomi Kilgore
Read full article →Energy costs further pressure container transport
A new wave of increases in container freight rates has been recorded after three consecutive weeks of decline. A sharp rise in marine fuel prices has been triggered by developments… Energy costs further pressure container transport - Η ΝΑΥΤΕΜΠΟΡΙΚΗ
By Αλεξία Σωτηρίου
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