THE IRISH TIMES reports:
The European Central Bank launched a €750 billion euro ($818 billion) emergency bond purchase programme on Wednesday to push down borrowing costs in a bloc struggling with the economic fallout of coronavirus, it said in a …
THE WALL STREET JOURNAL writes (posted on marketscreener.com):
Goldman Sachs Group Inc. bankers were marketing bonds for Verizon Communications Inc. and Exxon Mobil Corp. on Tuesday when investors countered with an offer: If Goldman were interested in raising some cash …
Sea-air shipments via Dubai and Singapore to Europe and the US have either been suspended or seen prices soar.
Aeromar, which specialises in sea freight to Dubai and onward travel by air, said it had suspended its services with immediate …
Australian shipping lobby group Shipping Australia has slammed today’s decision by the state of Queensland to introduce restrictions on ships calling at its ports, particularly the container hub of Brisbane.
Maritime Safety Queensland (MSQ) today banned all commercial ships from …
As more and more airlines slash their operations to the bone, forwarders are increasingly struggling to find lift.
San Diego-based start-up Airspace Technologies has witnessed a sharp reduction in routing options, but there are still ways to get clients’ traffic …
You probably remember this note, published by Premium in mid-September: “Ex-PAN board member Karl Weyeneth named as EVP global accounts” at DSV Panalpina.
As you may know, the CFO, Robert Erni, and CEO, Stefan Karlen, of Panalpina were kindly retained …
The global road freight industry could be looking at an accumulated loss nearing $1trn as a result of the coronavirus outbreak, the International Road Transport Union (IRU) has warned.
“On the basis of the significant fall in intercontinental container shipments, …
