PRESS RELEASE 
XPO Logistics Announces Public Filing of Form 10 Registration Statement for Planned Spin-Off of GXO Logistics
Press Release | Greenwich, Conn. | June 9, 2021
– Raises full year 2021 guidance for adjusted EBITDA
– Provides 2022 guidance …

There’s a train station in the middle of nowhere in Scotland that can only be accessed by train. You can’t drive there.
Beyond the magically remote hiking opportunities, Corrour station (pictured above) is worth visiting for the well-stocked bar, venison-heavy …

PitchBook writes:
Private equity’s biggest guns are once again showing they can have record-setting buyout firepower when they work as a team.
After recently backing away from so-called club deals that bring together multiple firms, the industry now has its …

The voyage data recorder of the burned-out X-Press Pearl containership has been recovered and will form part of an investigation into how much was known about the chemical leak on the vessel.
According to information provided to the court yesterday, …

South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou and Nansha.
When the bottleneck began over two weeks ago, Hutchison-run Yantian International Container Terminal (YICT) blamed out-of-whack shipping schedules …

Importers phasing out the frontloading of goods and consumers reverting to spending their money on services in a post-pandemic world are a “looming threat” to demand.
And that will be of concern for carriers locked into long-term expensive charters, according …

The pandemic has decimated passenger airline networks, eliminating lots of flights to second-tier gateways, Lufthansa and United have been no exception to this effect.
But their transatlantic cargo joint-venture, which started three years ago, has softened the blow, they claim.…