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...concocted a series of untenable justifications” for the $570mn payout after realising that they could face significant tax bills if they followed through with an investor-friendly proposal to eliminate the dual-class...
...Japanese company ONE this year confirmed an order for 12 methanol-powered dual-fuel vessels. This spells bad news for investors across the sector....
...“Any new brand will be facing this issue, if you don’t have scale, if you don’t have regular deliveries, then you are not the [trucking groups’] largest clients,” they added....
...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...
...“Owners and managers offer their heartfelt sympathy and condolences to the families of those who have lost their loved ones in this tragic attack and wish for a speedy and full recovery of those who are...
...Shares of one of the biggest US freight transport companies slid after it issued a profit warning — and flagged a double-digit drop in operating margins — due to “soft demand”....
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...Whether ADP will be moved from dual till to the new model remains unknown. But France is leading Europe’s push to green its aviation industry and some will have to pay for it....
...That was followed by new safety guidelines in December for the use of autonomous vehicles in public transport....
...Coty first announced it was examining a dual listing in May to add to its current presence on the New York Stock Exchange, where it first went public in 2013....
...Whether ADP will be moved from dual till to the new model remains unknown. But France is leading Europe’s push to green its aviation industry and someone will have to pay for it....
...“We always knew this was going to be a dual listing, Kazakhstan and a major global market, and there was never any doubt that was going to be London,” he said....
...US trucking company Yellow has filed for bankruptcy and will wind down its business, collapsing under the weight of a $1.2bn debt pile that included a loan from the federal government and a heated battle...
...Chevedden’s Ford proposal called on the company to end its dual-share class structure that gives the Ford family voting control....
...But a recent fall in coal prices has made trucking costs less viable....
...There are unfamiliar school systems to navigate and dentists and day care providers to track down, not to mention finding somewhere to live and possibly a pet to transport....
...“Heavy and time-critical cargo should consider routing via the US or Canadian West Coast or utilising rail or trucking services.”...
...Transport groups have “strongly opposed” a government proposal to charge an “exceptionally high” flat fee of up to £43 on animal and plant products entering the UK via Wales and the Kent coast, warning that...
...These disputes over trucking and grain show the difficulties Ukraine will face to secure support for its EU membership application from Poland and others....
...Polish police have struck an agreement with demonstrators to keep the road clear for private vehicles, buses and transports of military and humanitarian aid, including from the nearby airport of Rzeszów....
...In a blog post, Cruise confirmed details of the accident and said it had “proactively shared” information with the DMV and other regulators, including the full video....
...Epic launched a dual-pronged legal attack on both Apple and Google in August 2020, challenging the way they run their respective app stores....
...Techs vs transports Four of the five mammoth technology companies (Meta, Amazon, Alphabet and Microsoft) have now reported, and colour us impressed....
...The developments come only months after San Francisco became the first US city in which driverless taxis were free to transport passengers without restrictions and without the supervision of humans behind...
...San Francisco this year became the first US city to allow driverless taxis to transport passengers without restrictions and without the supervision of humans behind the wheel....
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