ZERO HEDGE reports:
When the Fed breached a monetary taboo even Ben Bernanke did not violate when Jerome Powell announced last month he would buy investment grade bonds, it was clear that the Fed’s only solution to avoiding the bursting …
France 24 reports:
France said on Friday it was readying a “historic” package of multi-billion euro loans to help carmaker Renault and flag-carrier Air France through the crisis caused by the coronavirus.
For Air France, a seven billion euro ($7.5 …
Companies have been warned to “weigh their options carefully” when considering making staff redundant instead of furloughing them.
Under UK schemes, companies can temporarily lay-off staff while the government pays the majority of their wages. But according to a survey …
Ocean carriers are succeeding in propping up container spot rates from Asia, partly due to poorly communicated blanking programmes creating uncertainty for shippers.
Several have complained to The Loadstar that they receive late, confusing and often conflicting advice from carriers …
The coronavirus pandemic has exposed the vulnerability of long-distance, intercontinental supply chains, as governments around the world scramble to acquire large quantities of drugs and PPE.
There are suggestions the situation could lead to a wide-ranging redesign of global logistics.…
There seems no end in sight to the congestion choking India’s ports.
According to the Container Shipping Lines Association of India (CSLA), tens of thousands of uncleared import containers are clogging supply chains amid the nationwide coronavirus lockdown.
CSLA executive …
Wondering what’s coming ahead of an earnings season that, for all of us asset-light transport and logistics addicts, frantically opens on Monday with Kuehne + Nagel’s first-quarter (Q1) trading update?
Everybody is projecting to Q2 ’20 results and we are …
