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High-Trend International Group (NASDAQ: HTCO) Welcomes President Trump's Support as Board Member Brian Su Advocates for U.S. Maritime Innovation and Global Leadership
Prnewswire· 2025-06-26 13:00
Core Viewpoint - High-Trend International Group (HTCO) is actively engaged in promoting U.S. maritime innovation and global leadership, with support from President Trump, emphasizing the importance of restoring American shipbuilding capabilities and strategic industries [1][2][3] Company Initiatives - HTCO is focused on sustainable maritime solutions, infrastructure development, and international trade facilitation, positioning itself as a strategic player in reshoring maritime manufacturing and leading technological modernization in ocean freight [4][5] - The company is developing partnerships and pilot projects to introduce advanced clean energy propulsion systems and intelligent logistics platforms across its global network [4] Leadership and Advocacy - Mr. Brian Su, an Independent Director at HTCO, is advocating for the rebuilding of America's shipbuilding capabilities and advancing maritime technology, reflecting the company's commitment to innovation and sustainability [2][3] - The CEO of HTCO, Mr. Shixuan He, highlighted the recognition of Mr. Su's views at the highest level, reinforcing the company's mission to lead the transformation of the ocean shipping industry [4]
Buy, Sell, or Hold FedEx Stock as Its Q4 Earnings Approach?
ZACKS· 2025-06-23 22:46
This week, investors will get insight into the broader state of the transportation industry as it relates to delivery services with FedEx (FDX)  set to report results for its fiscal fourth quarter after market hours on Tuesday, June 24th.Notably, tariff-related volume headwinds have contributed to a more challenging operating environment for FedEx and other shipping and logistics companies, including its main competitor UPS (UPS) .That said, FedEx has stated it is actively helping customers navigate the evo ...
High-Trend International Group Appoints Brian B. Su as Independent Director and Chairman of the Compensation Committee
Prnewswire· 2025-06-10 01:30
Core Viewpoint - High-Trend International Group has appointed Mr. Brian B. Su as an Independent Director and Chairman of the Compensation Committee, which is expected to enhance the company's governance and strategic direction as it expands globally [1][6]. Group 1: Appointment Details - Mr. Brian B. Su brings over 30 years of experience in cross-border investment, regulatory strategy, and market expansion to the company [2]. - He is the Founder and President of Artisan Business Group, Inc., a consultancy that has advised numerous businesses on market entry strategies and international business development [2][4]. - Mr. Su has a background in the Illinois state government, where he oversaw contract compliance and regulatory enforcement in public infrastructure projects [3]. Group 2: Expertise and Contributions - Mr. Su has advised businesses in various industries, including logistics, energy, and maritime transport, and has experience in leading international delegations and facilitating investment missions [4]. - He holds a Master of Public Administration from the University of Illinois at Springfield and a Bachelor of Arts in English Language and Literature from Guizhou University in China, providing him with cross-cultural insights [5]. - The CEO of High-Trend International Group expressed confidence that Mr. Su's expertise in regulatory compliance and international trade will be critical for the company's growth and governance practices [6]. Group 3: Company Overview - High-Trend International Group is a Nasdaq-listed global shipping and logistics company focused on sustainable maritime solutions and international trade [7]. - The company is committed to driving innovation and operational excellence in ocean-based transportation and logistics, with a growing presence in key markets [7].
Q1 2025 INTERIM REPORT - 2025-TRANSITION PROGRESSING
Globenewswire· 2025-05-06 05:30
Core Viewpoint - The company is experiencing a transitional year in 2025, focusing on improving financial performance after challenges faced in 2024, with an expectation of better earnings trends in the upcoming quarters [5][9]. Financial Performance - Q1 2025 revenue increased by 8% to DKK 7.5 billion compared to Q1 2024 [4][6]. - EBITDA decreased by 22% to DKK 748 million in Q1 2025 from DKK 957 million in Q1 2024 [4]. - EBIT turned negative at DKK -117 million in Q1 2025, down from DKK 200 million in Q1 2024 [4]. - Adjusted free cash flow improved significantly to DKK 246 million in Q1 2025, a recovery from DKK -327 million in Q1 2024 [4][6]. - Return on Invested Capital (ROIC) for the last twelve months (LTM) was 3.4%, down from 6.9% in the previous year [4]. Strategic Focus Areas - The company is addressing three specific focus areas to enhance performance, including revenue growth, EBIT recovery, and improved cash flow [6][8]. - Actions taken include price increases, capacity adjustments, headcount reductions, and closure of unprofitable activities [8]. Market Adaptation - The company is adapting its Mediterranean ferry operations to the changing competitive environment and aims to achieve breakeven for its Türkiye & Europe South logistics by the end of 2025 [7][10]. - The expansion of the transport network is aligned with geopolitical trends favoring nearshoring, particularly in regions like Türkiye and Morocco [10]. Economic Outlook - The earnings outlook for 2025 remains unchanged, with an expected EBIT of around DKK 1.0 billion [13]. - Short-term market conditions are expected to remain challenging due to uncertainties from US policies and muted European economic growth [11].
VOTING RIGHTS AND SHARE CAPITAL
Globenewswire· 2025-04-30 15:37
COMPANY ANNOUNCEMENT no. 18 - 30 April 2025 Following completion of the share capital reduction announced on 23 April 2025, the total number of voting rights and the total share capital in DFDS A/S as of today are as follows: Share capital, DKK: 1,124,310,980Number of shares: 56,215,549 Number of votes*: 56,215,549 *Each share of nominally DKK 20 carries one vote at the general meeting. Treasury shares are included in the numbers above. According to S. 32 of the Danish Capital Markets Act, DFDS A/S is requ ...