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...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”....
...CMA CGM moved masks and medical equipment, and now transports goods into war zones and crisis hotspots for the foreign ministry and French army....
...“I would always be cautious about any company that does not have its dividend covered,” said Nate Koppikar, a partner at hedge fund Orso Partners, which has bet against Blackstone shares....
...One of its aims is to have a greater voice at the company, district president Jon Holden said in an interview....
...The Czech billionaire’s investment approach seems pretty straightforward: target very well-known, very underperforming companies....
...to the wider London-listed International Distributions Services....
...International Distributions Services said on Wednesday that it had recently rejected an approach from Křetínský’s investment group that valued the former British postal monopoly at 320p a share....
...Shares in its holding company International Distributions Services languish below the October 2013 initial public offering price. The weight of its public service obligations weighs heavily....
...Wincanton specialises in providing distribution and other supply-chain services directly to companies. Wincanton did not immediately respond to CMA CGM’s announcement....
...Transport in America is having a crisis moment....
...Wincanton specialises in contract logistics, handling distribution and other logistics operations for business customers....
...The FTSE 250 company has struggled to regain its profitability as the transport industry recovers from the impact of the coronavirus pandemic and transitions away from the government support packages introduced...
...But analysts are querying if the company would consider issuing equity, even as its share price trades at half its pre-pandemic price....
...Only two companies manufacture the scanners, and supply chain issues have slowed their production....
Surging demand comes amid biggest shake-up of airport’s ownership since privatisation in 1990s
...“It’s not something like a ban but we would prefer European companies . . ....
...Train companies are reduced to contractors running services to a timetable determined in Whitehall....
...The company on Wednesday reported a $355mn net loss in the first quarter....
...Train companies negotiate with the union, but the industry’s finances are controlled by the Department for Transport (DfT)....
...That seems to be the strategy adopted by big container shipping companies....
...No way to run a railroad Labour’s reluctance to publish any detailed policy plans has been abandoned this week with Louise Haigh, shadow transport secretary, announcing that an incoming Labour government...
...Transport secretary Mark Harper met the French company’s chief executive Henri Poupart-Lafarge in the UK capital on Tuesday to discuss an order for 10 new Elizabeth Line trains for Transport for London....
...One FastRig should be fitted in September to the Pacific Grebe, a vessel used to transport spent nuclear fuel and other highly radioactive material around the world....
...With 1.2mn tonnes a year needed in the UK by 2030 under the mandate, the government hopes that binding targets will spur fuel companies to produce more, particularly in the UK, driving down the price in...
...“The private maritime security companies are having to evolve from a one-dimensional, one-threat piece with piracy,” Gahagan said....
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