To nobody’s surprise, the spectre of late dwell charges on containers at the prime US port complex receded yet another week yesterday, as the port authorities of Los Angeles and Long Beach deferred a decision until 27 December.
However, the …
Schoeller Holdings has sold its 17 containerships to China Development Bank Financial Leasing in a leaseback arrangement.
Included in the $142m transaction are four of Schoeller’s five tankers, which will also be leased back.
CDB Leasing said, in a Hong …
Airbus’s ambitions for future sales of its A350 may be thwarted by escalating tension with Qatar Airways.
The Doha carrier, which has grounded 21 of its 53-strong fleet of A350s, yesterday issued legal proceedings against Airbus in the High Court …
PRESS RELEASE
BOLLORÉ HAS RECEIVED AN OFFER FROM MSC FOR THE PURCHASE OF BOLLORÉ AFRICA LOGISTICS.
BOLLORÉ HAS GRANTED AN EXCLUSIVITY TO THE OFFEROR
The Bolloré Group announces that it has received an offer from the MSC Group, a major …
PITCHBOOK reports:
– Mexico’s Nowports has raised $60 million in a Series B led by Tiger Global, with participation from the SoftBank Latin America Fund and DST, alongside existing backers.
– The logistics company streamlines import and export processes for …
China-Europe rail freight is readying for life after subsidies, as forwarders say it’s time for “quality over quantity” along the New Silk Road.
The subsidies, provided largely by the Chinese central government, have been a key factor driving rail freight …
A record-breaking Atlantic hurricane season has severely disrupted transatlantic liner services, adding to capacity shortage issues on the route.
Moreover, an acceleration in modal shift from severely congested US west coast ports to east and Gulf coast terminals has resulted …
