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...Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand....
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...Shipping lines are also diverting some services between Asia and the US east coast that previously went via the Red Sea and the Suez Canal....
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...Port of Baltimore for the time being,” the shipping line said....
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...Absent the enthusiasm about a new vehicle line-up, the underlying financial performance remained disappointing....
...Container freight rates on east-west trades have more than doubled in four weeks....
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...The argument runs along these lines: $12bn of inflows has been chasing a scarce asset that will only get more scarce after this month’s quadrennial “halving” event in the bitcoin system, when the rewards...
...Obviously, this flavour of defence is par for the course in antitrust, but we were curious whether Crevoiserat has been serving a similarly smol bean line to investors....
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...We guess the message of this post is that despite the deglobalisation freight train, the world is still an interconnected place....
...“Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” he added....
...This is in line with Airbnb, which set aside about 7 per cent of its IPO offering for hosts. The public now has 15 per cent of Airbnb shares available for trading....
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...J&J said it had already resolved 95 per cent of those cases, and had agreements in principle to resolve claims brought by US states and talc suppliers....
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