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...The petition will also raise concerns about Logink, a Chinese software platform that provides data on global supply chain logistics, which critics say poses a national security risk to the US....
...If unresolved, ships will soon be out of position, threatening logistics and global supply chains, Clerc said....
...“The combination of GXO’s technological capabilities and global reach with Wincanton’s proven expertise in the UK and Ireland markets will enhance our offering,” he added....
...Shares of the Hong Kong-listed shipping and logistics subsidiary of Cosco, one of the world’s largest shipping groups, dipped 15 per cent after the company reported profits fell 86 per cent year on year...
...Some logistics companies offer a “southern route” that avoids Russia, going via Kazakhstan, Azerbaijan and Turkey....
...All this could help Chinese firms compete on unequal footing in the nearly $1tn third-party logistics industry.”...
...Officially, the canal is known as the Tonle Bassac Navigation Road and Logistics System Project....
...Those risks have increased given tensions with Russia in the Black Sea, the potential for conflict in the Taiwan Strait and the threat to global shipping in the Red Sea....
...The petitioners accuse China of distorting global markets in the maritime, logistics and shipbuilding sectors through “unreasonable and discriminatory acts, policies, and practices”....
...The congestion is the latest setback for the global system for transporting finished cars....
...In contrast, Alibaba’s stock is down a quarter despite it having many promising business units, including cloud and logistics....
...The logistics group, a bellwether for global growth, forecast adjusted earnings of $17.25 to $18.25 a share for the fiscal year, up from a prior forecast made in December, when it warned demand was slowing...
...“The announced actions have no impact on Rusal’s ability to supply since Rusal’s global logistic delivery solutions, access to banking system, overall production and quality systems are not affected,” it...
...The logistics group, a bellwether for global growth, forecast adjusted earnings of $17.25 to $18.25 a share for the fiscal year....
...Stephen Gordon, Clarksons’ managing director for research, said normally about 25 per cent of global, long-distance seaborne movements of cars went through the Suez Canal....
...Mads Drejer, chief operating officer of Denmark-based logistics company Scan Global Logistics, said his company was “increasingly seeing” higher air freight demand....
...Global mask sales grew more than 30-fold during the pandemic....
...That projection is shared by Maersk, which has warned that the upheaval may cause a big hit to global growth....
...“I’m sure the logistics companies will be using the fact we are using [the ships] for a longer time to negotiate the cost,” he said....
...Yet that has less to do with its prospects and more to do with a weak global initial public offering market....
...Global prices per 40ft container fell 35 per cent between December last year and by the end of last month, according maritime consultancy Drewry....
...The legislation has been subject to intense lobbying due to its impact on a vast range of industries from hospitality to logistics....
...Clive Black, head of research at investment group Shore Capital, said wage pressures affecting food manufacturers and logistics providers, as well as supermarkets, would keep food inflation in the “mid-single...
...Businesses rewired their logistics, Europe weaned itself further off Russian gas, and higher rates did not lead to a spike in unemployment....
...A report on “global connectedness” from the logistics company DHL says that globalisation remains robust despite talk of it weakening....
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