MarineMax

A surge in new boat demand has pressured inventory at dealerships across the country.

The company will look to increase its “marina strategy” and high-margin businesses.

Private Insurance Services is an affiliate and part of the recent Northrop & Johnson acquisition.

The move creates the “world’s largest superyacht services organization.”

MarineMax surprises analysts by announcing positive second-quarter sales.

The company said it is focusing on preserving cash amid coronavirus uncertainty.

The digital platform will help MarineMax augment its e-commerce capabilities.

Coronavirus pandemic doesn’t appear to be slowing leads and sales on large boats.

Larry Russo Jr. celebrates his 35th year in the industry as the dealership his grandparents founded embarks on its 80th year in business.

The company will also debut the Aquila 54 and 70 in 2020.

“Honestly, we saw pretty darn good strength in all segments,” said MarineMax CFO Michael McLamb, following yesterday’s record quarter.

The mega-dealer reported a record first quarter today, with a 26 percent increase in revenue. It also raised its fiscal 2020 expectations.

The magazine named Evelyn Follit and Rebecca White Most Influential Corporate Board Directors.

An exoskeleton suit that can carry 200 pounds, an airport flight monitor that displays personalized messages and 3-D sensing equipment could all find their ways into boating.

The flotilla will be held in the British Virgin Islands.

A hydrogen-conversion technology that showed great promise for the boating industry hasn’t reached its potential, according to reports.

Four months after the acquisition, MarineMax and Fraser Yachts continue to find “synergies” in their businesses.

The online push comes as MarineMax eliminates eight “overlapping locations.”

CEO Brett McGill: “We overcame some of the prevailing industry malaise.”

This adds 45 service facilities across the country.

MarineMax and The Moorings’ charter operations in the Abacos were both hit hard by Dorian.

The retailer’s closure of its Huntington and Copiague locations prompted the layoffs.

The retailer will close its stores in Lindenhurst and Copiague, while expanding MarineMax Huntington.