Hints and tips:
...From the rundown Neptune Magnet Mall in Mumbai, a giant of international oil shipping has emerged over the past 18 months, seemingly from nowhere....
...Flexport, the freight forwarding company that monitors these things, points out that relative consumer durables demand is still high. But those figures are from past months....
...Speaking in 2013, Colonel Cao Weidong of China’s Naval Academy of Military Research said that in the Mediterranean region, “Cosco has numerous supply points that provide daily services for civilian vessels...
...The potential for a squeeze in corporate profitability is starting to loom larger for the investors and analysts who track USA Inc. It’s not hard to see why....
...Chief Executive, MSC Mediterranean Shipping Company Letter in response to this article: Plotting a green course for international shipping / From Professor Peter P Edwards and others...
...Maersk and Mediterranean Shipping Company, the world’s two largest ocean carriers, are both offering “suspension of transit” options to give companies the ability to store unwanted shipments at cheaper locations...
...Revenues at the company’s international segment edged up a more modest 0.5 per cent to $3.49bn....
...However, UPS and its rival FedEx face growing competition from Amazon’s freight delivery service....
...A Rotary Foundation Fellow in 1951, the sprightly Ms Ogata was awarded a Rotary International Alumni Global Service Award in 2017. Accepting her award, she spoke of her early years in the US....
...However, investors appeared rattled by the company’s cautious note that currency headwinds, alongside continued investment in building up its business-to-consumer shipping strategy, would weigh on results...
...Denmark’s AP Moller-Maersk and Switzerland’s Mediterranean Shipping Company launched the 2M alliance in 2015....
...KAL has also been performing well in freight services....
...Amazon’s transition to becoming an international logistics provider will be a staged process, beginning with its establishment as a shipping and freight specialist, with bolt on first and last mile services...
...The figures for new international subscribers will be a key area of focus. And Amazon will be listening in. Email the Lex team at lex@ft.com...
...It is one of the biggest delivery centres in Europe, sorting 90,000 parcels, or roughly 450 tons of freight, every night. However, not all companies regard the area with such enthusiasm....
...The vessel, operated by Mediterranean Shipping Company, can carry 19,224 TEUs of containers. One TEU equates to the smallest size of standard container in current use....
...Kurt Kuehn, chief financial officer, said the company was “thrilled” with the “incredible” demand the company was seeing for its services....
...DENIAL Electronic Payments International, (June 1, 1997): In recent weeks, the company has hired Mike Nash, developer of Visa Cash, Visa International’s smart card-based stored value payment system, as...
...In the freight sector, Eagle Bulk Shipping slumped 29.3 per cent to $3.31, after the dry bulk shipper reported a bigger-than-expected third-quarter loss, hurt by lower time-charter rates....
...and sea shipping....
...After more than a century in the freight business, Kuehne is no stranger to the ebbs and flows of international trade....
...The Atlanta-based company that is considered one of the bellwethers for the US economy suffered from a tough economic climate as customers chose cheaper shipping services, causing a 4 per cent decline in...
...Operating profit at supply chain and freight, the company’s freight forwarding business, was 13.9 per cent down to $143m, on revenue up 0.9 per cent to $2.18bn....
...Yet it is only now that shipping lines are achieving the full efficiency benefits of McLean’s innovation....
...UPS is promising to sell assets across Europe and guarantee access to its air freight network in an attempt to assuage Brussels’ concerns about its takeover of TNT Express....
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