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Tag Archives: company

Container shipping company Hapag-Lloyd to start service to Baltimore

The fifth-largest container shipping company in the world is beginning a weekly container service to the Port of Baltimore that could create nearly 600 new jobs for Maryland. German company Hapag-Lloyd is expected to bring up to 30,000 containers through ...

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National honor for Jessup-based Vorbeck Materials

A Maryland company has received national recognition for its work in developing fast-charging, high-powered batteries that use cutting-edge nanotechnology. Vorbeck Materials Corp. of Jessup was one of three winners of the U.S. Department of Energy’s “America’s Next Top Energy Innovator ...

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Delaware company focused on rebates goes global

BRANDYWINE HUNDRED, Del. — A Delaware business group, grown on high-tech innovations to ease customer frustrations with mail-in rebates, is taking its nationwide service area to the global level. The Ohana Companies of Brandywine Hundred, focused on Internet-based rebates and ...

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Maryland company wins $45M over deal gone sour

A foreign telecommunications company has been ordered to pay its Linthicum Heights-based business partner more than $45 million after taking investment funds to build a cellphone network in Iraq and then backing out on the deal. Judge Timothy J. McCrone ...

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Lockheed beats estimates, raises earnings guidance

Lockheed Martin Corp.’s profit slipped 10 percent in the second quarter as the aerospace and defense contractor dealt with severance pay matters and increased pension costs. But the company’s results managed to top analysts’ expectations, and its revenue climbed despite ...

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