SEEKING ALPHA‘s Ploutos writes:
– The spread of the coronavirus outside of China has weighed on risk assets globally.
– The major U.S. stock market gauges each fell more than 3% Monday.
– Daily returns this poor are rare, but …
PRESS RELEASE
AP Møller-Mærsk links new $5.0bn revolving credit facility to its CO2 performance
25 February 2020
Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing …
China’s extended factory and transport shutdown is still seriously impacting global supply chains, with forwarders grappling with resulting cashflow constraints.
According to Taiwan-based market intelligence firm TrendForce, the coronavirus fallout has had the biggest impact on the consumer electronics and …
As the coronavirus crisis continues, and begins to impact global share prices, Maersk’s guidance for a mid-point lower ebitda of $200m less than 2019 looks increasingly inadequate.
However, in fairness to the Danish logistics giant, no economics experts can realistically …
Uber Freight is bringing the rating system, pioneered on its ride-sharing app, to the European road freight industry.
A new feature on the platform could see operators of road freight warehouse and distribution facilities in Europe rated by truck drivers.…
Masayoshi Son, legendary head of Japan’s SoftBank and the SoftBank Vision Fund might need to take a chill pill. In fact he needs to cool his jets.
Too many reckless bets and just a little too much fire in the …
UK freighter operator Cargologicair has suspended operations following a Level 1 finding – non-compliance with EASA [European Aviation Safety Agency] regulations – according to industry sources with knowledge of the carrier.
“Evidence of significant non-compliance will mean that your competent …
