Hints and tips:
Related Special Reports
...Royal Mail owner International Distributions Services has rejected a £4.5bn takeover approach by Czech billionaire Daniel Křetínský’s investment group, calling the timing of the bid “opportunistic”....
...Maersk is a bellwether of global trade, carrying about a fifth of ocean freight....
...The diversions have mainly affected services between Asia and Europe, although some services from Asia to the US east coast are also affected....
...The overall tax take will first have to rise to finance vital additional public investment, rescue public services in crisis and so catalyse more growth....
...Maggie Simpson, director-general of the Rail Freight Group, said: The West Coast main line simply does not have the capacity for these extra trains alongside current services and rail freight growth, and...
...A recent report by the Bank for International Settlements has explored this issue in depth....
...International Distribution Services, the owner of the formerly publicly owned business, said on Thursday that Royal Mail’s operating loss increased 46 per cent year on year during the six months to September...
...Lines are also facing high costs to lease the extra ships required to maintain services via the longer routes and higher insurance rates. “It’s more fuel that’s needed, more maintenance, storage . . ....
...Hapag-Lloyd said it had slashed services on several routes to save costs, but unlike rival Maersk, which last week announced 10,000 job cuts, said lay-offs were not on the table....
...We guess the message of this post is that despite the deglobalisation freight train, the world is still an interconnected place....
...Analysts point to a labyrinth of regulatory and safety hurdles, but supporters say the technology could fundamentally reshape how humans travel and freight is moved, in a level of disruption akin to the...
...It’s not surprising that the shipping industry and international traders have learnt to absorb shocks without noticeable effects on world trade and inflation....
...It affected freight transport from Tuesday evening and passenger services from Wednesday morning, and is due to continue until Monday evening at 6pm....
...DP World, which handles 40 per cent of Australia’s maritime freight, has not commented on the resumption of services but the Australian government said that freight movement remains “significantly reduced...
...Container lines, which handle movements of manufactured goods and components, mostly offer one service a week on their most popular routes....
...Alibaba’s Cainiao logistics service said it operated on average 170 chartered flights or block-space agreements per week....
...CSX, one of the biggest freight railroad companies on the east coast, said customers should expect delays due to the bridge collapse, adding that all international intermodal shipments destined for Baltimore...
Penalty is largest in US accounting regulator’s history
...“Although shipments from countries like China might be safe, the freight costs have increased . . . it’s a very bad thing for China.”...
...DeHeng Law Offices established its first south-east Asian office in Laos last year to provide legal services linked to the Belt and Road Initiative, China’s $1tn global international infrastructure investment...
...Recent Houthi attacks on container ships in the Red Sea have begun to push up air freight rates and shown fresh pockets of demand for such services....
...Under EU sanctions, there is a near-ban on movements of road freight to and from Russia and Belarus. There are also restrictions on RZD’s ability to access some financial services....
...A US-led international coalition to provide security for freight is gaining momentum. Meanwhile water levels in the Panama Canal have improved slightly....
...Some senior figures in the firm still believe that a significant international restructuring is necessary in order to solve the constraints on growth the spin-off was intended to fix....
...The overall slowdown in growth came against a backdrop of a tougher economic environment and a decline in dealmaking, which has hit demand for some services at accounting and consulting firms across the...
International Edition