The Australian Financial Review reports:
Japan Post is progressing plans to end its time at Toll Holdings.
Only months after it called in investment bankers to pitch their ideas for the business (which had Nomura mandated), Street Talk understands Japan …

In light of recently increased cargo operations, Cathay Pacific is to re-establish the position of director cargo. This is in line with its aim of becoming the “most customer-centric air cargo services provider in the world”. The role will be …

OFFSHORE ENERGY reports:
South Korean shipping major HMM has signed a sales and purchase agreement with French counterpart CMA CGM for the sale of its 50 per cent stake minus one share in Total Terminal International Algeciras (TTI Algeciras), a …

The Helms-Burton Act, the law under which DSV Panalpina and its co-defendants may find themselves liable for billions of dollars, has been controversial since it was signed by President Clinton in 1996.
Threat
It effectively places sanctions on Cuba, telling …

In a week where UPS shares rocketed almost 20% to $144 at the end of July, the only clear head in the room* seemed to be the new CEO, Carol Tomé.
Despite the nominally positive Q2 ’20 results, her first …

Candace Browning, head of global research at Bank of America Merrill Lynch, writes (via MarketWatch):
Six months (and a lifetime) ago, most people had never heard of Covid-19, unemployment was at historic lows, and President Trump had just signed the …

SEEKING ALPHA writes:
– UPS (NYSE:UPS) plans to add holiday fees for large shippers, according to The Wall Street Journal.
– The extra fees will reportedly reflect the added complexity and cost of the unprecedented increase in online orders during …