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...Trafigura said the ex-employee was a former consultant to DT Group, which was a joint venture formed in 2009 by Trafigura and Cochan Holdings LLC, an investment vehicle controlled by a former military adviser...
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...Simply stated, we’re in a freight recession....
...that while sales had recovered along the retail rebound in 2021 following pandemic lockdowns, the group’s liquidity had been hit by investments to improve its supply chain and the higher cost of using air freight...
...As we highlighted in Monday’s DT, warnings are proliferating about the rapid growth of AI and the need for regulation....
...Freshfields Bruckhaus Deringer O: 6; L: 8; I: 7; Total: 21Freshfields advised Li & Fung on the sale of its logistics arm, LF Logistics, to Danish shipping group Maersk, and the buying back of the global freight...
...Need to know: UK and Europe economy As we wrote in Monday’s DT, economic indicators for the eurozone are now mainly pointing in the right direction....
...The campus features a mammoth 1930s-era industrial building where freight trains once disgorged their Manhattan-bound goods....
...The display is a 6.92in AMOLED one with a “cinema-grade screen ratio” combined with DTS: X® Ultra immersive 3D audio technology....
...For almost a decade, Dino had helped Trafigura maintain a near-monopoly on the supply of petroleum products into Angola via DT Group, a joint venture formed in 2009 by Trafigura and Cochan....
...Waymo is partnering commercial vehicle group Daimler Trucks to power big-rig lorries, as Alphabet’s driverless technology unit moves its technology beyond carrying passengers to hauling freight....
...www.ft.com/content/709849fc-4148-4687-9924-0c61f0447f2d Brexit trade talks hit by fresh dispute over state aid ft.com/content/2f508f4d-22e2-4deb-8d42-77a7c31fc53c Brexit stockpiling triggers cross-Channel freight...
...Imax Enhanced was launched by Imax and its audio partner DTS a year ago and there were more announcements at the IFA electronics show in Berlin last week....
...as promising to all but eliminate fatal road accidents by removing human error, self-driving technology also potentially opens the way for a suite of new business models, from robo-taxis to autonomous freight...
...Supporters claim it will be as revolutionary in software development as shipping containers have been in the movement of freight....
...DFDS, a Danish ferry company, last week warned its profits were already dropping because of a slowdown on Channel sea freight routes....
...By contrast, the mayor of San Jose, Sam Liccardo, bragged on Twitter this week that Google was “paying full freight on land, fees and taxes” for its development in his city....
...Along with the challenges in the oil & gas business posed by continued weakness in the global oil field services industry and the downturn in the North American market for freight locomotives, GE has to...
...ANZ analysts noted that despite steel futures in China remaining “relatively quiet” and a rise in stockpiles at Chinese ports, the benchmark spot iron ore price – 62 per cent fines, including freight, at...
...On Friday, the benchmark spot iron ore price – 62 per cent fines, including freight, at Qingdao – lifted 2.9 per cent and moved above $70 a tonne for the first time in more than two months....
...A series of underground utility tunnels will house utilities like electrical wires and water pipes, and also provide pathways for freight-delivering robots....
...In late November, the Baltic Dry Index, which tracks freight charges for shipments of dry bulk goods, hit an all-time low....
...In Mr Trump’s filing, made on July 15, DT Dubai Golf Manager, described as a “management company”, was listed with a value of less than $15,000 and an annual income of just over $200....
...Britain may soon have a novel way to tackle road congestion — an underground network of pipes that propel freight-packed capsules to their destination which could lead to fewer trucks on the road....
...On an all-in basis — including mining costs, freight and value in use premium — it reckons the Brazilian company has leapfrogged Rio and BHP....
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