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...Robinson did not comment on whether he was an investor in M7’s funds, while M7 declined to comment on the matter, citing client confidentiality....
...Some — including Polestar, an electric vehicle brand owned by Volvo Cars — had Wallenius Wilhelmsen handle their distribution, he said....
...That was blamed on a weak bridge with too much load. In 2022, the Fern Hollow Bridge in Pittsburgh collapsed with five vehicles on it. Investigators blamed inadequate inspections and maintenance....
...He added that several vehicles had been “detected” in the water. “This is an unthinkable tragedy,” said Baltimore mayor Brandon Scott....
...In other instances, carmakers in general are struggling to order trucks because of the lack of drivers and equipment to move the vehicles on....
...Two container ships could be seen anchored downstream of the crumpled Francis Scott Key Bridge on Wednesday, waiting to enter Baltimore or be redirected to other east coast ports....
...A bulletin from the Joint Maritime Information Centre, an international organisation sharing information on threats in the area, said debris from an unmanned aerial vehicle — or drone — had been found on...
...As United Airlines chief executive Scott Kirby recently noted, innovation and quality have been on the decline ever since....
...China exported 1.2mn electric vehicles last year, an 80 per cent increase from 2022, according to the IEA....
...FourWorld chief investment officer John Addis told the Financial Times it was “one of the most egregious cases we have ever seen” of a majority shareholder taking advantage of minority interests....
...But at the new facility — dubbed a “super hub”, near the market town of Daventry — an automated arm seizes each cage and tips its contents on to a conveyor belt with cameras reading the addresses....
...Chief financial officer Prashanth Mahendra-Rajah said the company was “exactly where we want to be” in terms of longer term bookings growth....
...Along with Scandinavian rival Höegh Autoliners and Japanese conglomerates NYK Line, MOL and K Line, WW dominates an industry that transports cars built in Japan, South Korea and China to markets in Europe...
...“We’re going to be in better shape than the rest of our competitors,” CEO Robert Isom said....
...Email me while the good times last: robert.armstrong@ft.com....
...Some carmakers relying on rerouted vessels for components have felt the impact, with Tesla in Germany, Volvo Cars in Belgium and Suzuki in Hungary halting certain vehicle production lines....
...Maersk, operator of the world’s second-biggest container ship fleet, said it had “suspended” slow-steaming on some services to catch up on “some of the delay” from sailing around the Cape of Good Hope....
...Hapag-Lloyd operates 6.9 per cent of global container ship capacity, according to figures from Alphaliner, an information service....
...American chief financial officer Devon May on Thursday told analysts the carrier expected 20 Max 8 deliveries this year. In October, the airline had pencilled in 25 Max family deliveries for 2024....
...The bank also took a loss on a loan to a rent-controlled New York City multifamily building — an asset type that was NYCB’s speciality before its recent mergers....
...Firstly, an attack on the UK’s Electoral Commission database and secondly, an attack, hacking or attempting to hack at UK parliamentarians....
...He declined to comment on the identity of the new investors, as well as on how much Volocopter was seeking to raise, but said an agreement was likely to be reached “within days”....
...Brian West, Boeing’s chief financial officer, on Wednesday said an “engineering solution” could be completed within a year....
...Several US airline bosses vented their frustration at Boeing last week, and United Airlines chief executive Scott Kirby raised questions over the future of an order for 250 of Boeing’s 737 Max 10, the newest...
...In an internal memo sent to employees on Monday, Calhoun, 66, described the January accident as a “watershed moment” for Boeing....
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