Hints and tips:
...The name of its registered owner in the Marshall Islands: Social Club Inc....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...“Perhaps it was the ancient nightmare of the middleman-merchant that made them all so aloof and secretive”, wrote Dan Morgan in his 1979 book Merchants of Grain....
...L3 Harris, said Stackley, intended to “strengthen the merchant supplier role that Aerojet plays in defence and space”....
...This article is part of a new guide to Melbourne from FT Globetrotter In late 1850, the severely damaged 808-tonne merchant ship the Admiral arrived in Melbourne disabled by a broken mast....
...Following his departure, the firm was dropped by client General Motors and Kelly’s name removed from the website of Integrum, the investment firm he launched with former Xerox boss Ursula Burns....
...Hyundai Merchant Marine and Hyundai Motor were up 11.5 and 8 per cent, respectively, in the first two weeks of May, despite heavy short selling....
...to start: rail group Canadian Pacific is set to present a new, higher offer to buy Kansas City Southern, worth about $31bn, including debt, in a move that is set to revive the takeover battle for the US freight...
...The previous year it sold a book of life insurance business to a consortium led by Bob Diamond’s Atlas Merchant Capital....
...Cars left gathering dust on driveways have meant fewer motor claims — down 70 per cent elsewhere in the industry, although Admiral does not put a number on the drop....
...“As one of the founders he has overseen the business grow from a standing start to become one of the UK’s largest motor insurers.” The news came as Admiral reported its results for 2019....
...However, the smooth operation of the freight trade is being hindered by travel restrictions....
...Other cities have created freight corridors which force big trucks down certain highways to distribution centres on the outskirts. Some have established consolidation centres....
...Travel could become a particular problem area for payments firms that provide merchant acquiring services — essentially the middlemen who collect money from card issuers and distribute it to merchants....
...Uber has already structured its freight booking unit as a standalone business in which it owns a majority stake....
...Ford is experimenting with autonomous postal services, while General Motors through its Cruise unit is also planning to launch a public robo-taxi service....
...Fewer pigs translates into less demand for animal feed made from the soyabeans and grains sold by merchants such as Cargill....
...Other top shareholders General Motors, Fidelity and venture capital firm Andreessen Horowitz will each own stakes worth more than $1bn. Alphabet’s holding will be worth $924m....
...It offers rides in dozens of countries and has expanded into food delivery, freight, autonomous cars, flying taxis, bikes and scooters....
...With big tech and auto companies hoping to launch robotaxi fleets of their own — including Tesla, the Alphabet subsidiary Waymo and General Motors — prices are likely to fall quickly, says Mr Price....
...He has no great innovations to his name to match Thomas Edison’s lightbulb or Henry Ford’s Model T motor car....
...On the commercial side of things, freight trains last year carried 1.7m ton miles of freight across 94,000 miles of track in the 48 contiguous states....
...Grab's other partners include carmakers such as Toyota Motor, Honda Motor and Hyundai Motor....
...As well as targeting traditional diesel trucks, Tesla is looking to disrupt rail freight, too....
...The market’s potential has attracted a number of tech and automotive companies to invest in Grab, including Japan’s Toyota Motor’s trading arm Toyota Tsusho, Honda Motor, Hyundai Motor and Didi Chuxing,...
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