The only problem with a fair assessment of the Toll story is the word limit for what could be an essay of considerable length soon to be consigned to the M&A history books.
Background
Not one, or two, but three …
Container spot freight rates on the transpacific trades leapt this week, with prices from Asia to US west coast ports sailing way above $3,000 per feu – and looking set to jump higher.
Today’s Shanghai Containerised Freight Index (SCFI) reading …
Despite the pandemic, Hapag-Lloyd recorded a net profit of $287m in the second quarter of the year. This compares with a $56m profit for the same period of 2019.
And for the half-year, the carrier reported a net profit of …
Yang Ming’s box business swung into the black in the second quarter, contributing a profit of $18.6m despite a 15% reduction in container liftings.
However, the Taiwanese transport group’s aspirations for profitability were thwarted by a $21m loss in its …
The Hong Kong Seaport Alliance (HKSPA) has offered commitments to the city’s competition commission, after concerns its share of gateway cargo could be anti-competitive.
However, Hong Kong shippers describe the pledges, which include caps on service charges, as “paying lip …
Supply chain providers are coming under closer scrutiny as the biopharma industry is set on ramping up its efforts on sustainability, according to the 2020 Biopharma Cold Chain Logistics Sustainability Survey, published by protective packaging specialist Pelican BioThermal.
“As biopharma …
The dark side of the shipping industry – well, one of them – has come to the fore following the tragic explosion in Beirut and the ship which ran aground in Mauritius, leaking heavy oil and toxic fuel onto a …
