The US economy is showing signs of slowing, but remains on an upward trajectory for now – intermodal traffic, however, appears trapped in a downward spiral, with the coming peak season expected to provide only temporary relief.
The Intermodal Association …
When Peter Rose, the man who built up Expeditors (EXPD) from scratch, retired in 2014, the Seattle-based group he co-founded and led for over three decades was in great shape financially, but also a rock-solid business lagging on the stock …
Chilean carrier Latam Airlines may have narrowed its net losses, but ATW reports that its freight business is continuing to haemorrhage money. In dismal Q2 figures, revenues for the three months to June were down 10.2%, with ATW claiming the …
Protests in Hong Kong appear to have forced the resignation of Cathay Pacific’s chief executive, Rupert Hogg. Bloomberg reports that Mr Hogg’s resignation came a week after the carrier was rebuked the Chinese government after staff participated in anti-Beijing protests. …
REUTERS reports: “Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd (BABA.N) on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering several timetables.”…
The DSV show goes live early next week.
If you are not part of the investor community and/or the press, you’ll simply be a spectator of the DSV/Panalpina settlement, but there are juicier developments in the pipeline.
DSV emailed the …
Press release – 15 August 2019
“UPS (NYSE:UPS) today said its venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple. Together, both companies are testing self-driving tractor trailers on a route in Arizona to …
