The battle of the US retail behemoths is entering another round: Walmart has announced its delayed Plus service, which offers same-day delivery to online shoppers, will go live on 15 September.
For $98 a year, or $12.50 a month, subscribers …
Outgoing chief executive of Champ Cargosystems Arnaud Lamber has denied the IT company is up for sale, despite interest in the market.
Speaking to The Loadstar last week, Mr Lambert, who leaves the company after 16 years at the end …
… and so the side air/LCL rumours connected to the full reorganisation of AP Møller-Mærsk (APMM) were accurate – a reminder from 31 August is here; more details about the latest managerial announcement at APMM follow below.
(Phew!)
The Danish …
“CEVA Logistics’ turnaround plan is underway and in line with our expectations.” – Rodolphe Saadé, chairman and CEO of CMA CGM, 4 September 2020.
A narrowing material net loss was a major highlight for Ceva Logistics in the first half, …
CNBC reports:
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group’s mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
Ant, backed …
The acute equipment shortage in Asia means containers are being prioritised for higher-paying transpacific spot cargo.
The China to US components of today’s Shanghai Containerized Freight Index (SCFI) recorded another big jump in spot rates, after the implementation by carriers …
As the US prepares to announce a vaccine for Covid-19 and Russia claims its Sputnik-V vaccine will be ready for mass use next month, all eyes are on the air freight industry – and whether it will be able to …
