Hints and tips:
...Kennedy Lewis, a $14bn credit firm, last week agreed to sell a significant stake to Petershill Partners, the private equity investment arm of Goldman Sachs Asset Management....
...In European countries experiencing recessions, demand for express services fell....
...It delivers about a quarter of American parcels. UPS trucks haul the equivalent of 6 per cent of the country’s gross domestic product....
...Parcel Service Q1, Visa Q2, W R Berkley Q1 Wednesday Germany: Ifo Business Climate survey US: monthly durable goods orders data Results: Abrdn Q1 trading statement, AT&T Q1, Baker Hughes Q1, Boeing...
An industry-wide fall in package volumes after two years of strong demand means the outlook is nothing to write home about
...Job moves Private equity firm Clayton, Dubilier & Rice has hired former Tesco boss Sir Dave Lewis as an operating adviser....
...Job moves Billionaire activist Christopher Hohn’s TCI has opened an office in Abu Dhabi, joining a wave of groups betting on the United Arab Emirates....
...Competitors have echoed that concern, with Mike Parra, chief executive of DHL’s Americas business, saying that other parcel delivery services would not be able to pick up the slack....
...The waning enthusiasm was evident across an array of businesses including Amazon, ExxonMobil and United Parcel Service. But for ESG investors, business is great....
...UPS, the parcel delivery group, held a job fair in Long Island, New York this month....
...Some of Teck’s shareholders criticised the company’s restructuring plan as being convoluted, and influential proxy advisers Glass Lewis and Institutional Shareholder Services had both recommended against...
...“I hate going all slippery-slope but I look at the slope, and governments around the world are covering it in oil, and Apple just pushed its customers over the edge,” said Sarah Jamie Lewis, a cryptography...
...Parcel analytics company ShipMatrix has predicted that 89.8m parcels will be delivered daily in the peak season between Thanksgiving and Christmas, up from 79.1m for 2020 and 65.3m in 2019....
...Hill, along with another arrested executive from the United Kingdom, Alexandre Avakiants, played a pivotal role in turning the company into a global powerhouse with offices in Hong Kong, New York and London...
...Competition in the parcel deliveries industry can only get stiffer given Amazon’s own ambitions. Labour and fuel cost pressures are expected to persist....
...“Governments in other countries have successfully designed policies to ensure the safe deployment of 5G technology and we’re simply asking the US government to do the same,” United said in a statement....
...Brookfield Asset Management, whose eclectic $690bn portfolio includes office towers, gas pipelines and a nuclear services company, is not quite the world’s biggest investment firm — but it may be the most...
...The California-based streaming service will pay €65mn in cash. 4....
Delivery group’s international head says manufacturing and assembly will become more regional
...He used the company’s expanded facility at East Midlands cargo airport, which can process 22,500 parcels an hour, as an example....
...“There may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods....
...Iger and his former lieutenant, Kevin Mayer, architected the ESPN+ streaming service, which has lured 17m subscribers....
...“I do not feel that I should have to pay $740 of service, late and collection fees that were charged . . . as a result of a mistake made by [Home Partners],” Evans told customer service representatives,...
...Similarly, the principality of Monaco forces all parcel carriers to use a single site, with just one company providing final delivery....
...“I apologise to everybody in business up and down the land, in all kinds of services — public sector or otherwise — who are experiencing inconvenience,” he told MPs at Westminster....
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