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...It was previously a regular supplier of a crude oil known as ESPO-blend, which it acquired from privately owned Russian producers and packaged into single shipments from the port of Kozmino, on Russia’s...
...Deloitte in August resigned as auditor of Adani Ports and Special Economic Zone, the group’s logistics unit....
...One car logistics expert said many of the unloaded vehicles were simply staying in the ports until they were sold to distributors or end users....
...Down the road, an unmarked stretch of dirt protrudes into the sea, bustling with trucks filling in land for a $1.5bn port under construction since May 2022 by Kampot Logistics and Port....
...The company blamed several factors including port congestion, the Cape diversions and the end of the lease on one ship for the declines....
...Under chief executive Rodolphe Saadé, the unlisted Marseille-based company has used the windfalls to diversify, buying up port terminals and expanding into the less cyclical business of logistics....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...The South Tees Development Corporation had sued PD Teesport in 2021 seeking a ruling that the port operator had no rights of access across the former steelworks it was regenerating next to the port in the...
...There are also restrictions on RZD’s ability to access some financial services. However, there is no ban on moving goods by rail through the country....
...The average cost to fly 1kg of cargo from the Middle East to Europe has increased 35 per cent in the last month to $2.03, according to Freightos, a logistics information service....
...Container lines, which handle movements of manufactured goods and components, mostly offer one service a week on their most popular routes....
...International Container Terminal Services, a Filipino company, will run Durban port after a deal was clinched with unions to protect jobs....
...The auditor resigned at the weekend citing concerns it could not thoroughly scrutinise transactions between companies in the group and the logistics unit, India’s biggest commercial ports operator and one...
...Competition for assets has been fuelled by cash reserves that freight groups worldwide built up when disruption and increased ecommerce spending boosted demand for logistics services during the Covid-19...
...In European countries experiencing recessions, demand for express services fell....
...But he said its train had capacity to carry as many as 20,000 parcels and the company was in talks with logistics group XPO, Amazon and DHL....
...Bespoke rules make contracts “very, very difficult to port from one provider to another”, said Nikesh Patel, chief investment officer at Van Lanschot Kempen Investment Management....
...On Wednesday, the one-time pandemic darling acknowledged the new reality by announcing a partnership with food delivery service Uber Eats....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...Despite huge investment by the Joko Widodo government in upgrading ports, toll roads, airports and other infrastructure, logistics costs remain high....
...“We’re being told that the green lane will just flow,” said Nichola Mallon, head of trade at industry group Logistics UK....
...Network effects are familiar by now: information processing products and marketplace services become more valuable the more users they have. “Recombination of ideas” is more complex....
...Maersk has ordered substantially less ships than rivals such as industry leader Mediterranean Shipping Company, as it funnelled its earnings into warehousing, planes and broader logistics services....
...Brookfield, which manages $850bn in assets, is best known for investing in real estate and traditional infrastructure assets such as ports and toll roads....
...With just 400 people, his infrastructure investment outfit had grown to hold $106bn in assets including stakes in airports in Sydney and London, ports, green energy and large pipelines....
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