MARKETWATCH writes:
Apple Inc. realized Wall Street’s worst fears with a U.S. Presidents Day holiday warning that the company won’t be able to meet its fiscal second-quarter financial guidance due to the coronavirus in China.
“Work is starting to resume …
Charter flights from Europe to China have seen a “dramatic boom”, with rates jumping 193% to some $2.78/ kg.
Freight Investor Services said the rise reflected “the overwhelming volume of single-lane front-haul charter and spot traffic”.
It added: “It will …
The IMO’s sub-committee on pollution prevention and response (PPR) will this week finalise details of the ban from 1 March on the carriage of HFO (heavy fuel oil) on ships not fitted with scrubbers.
The agenda for the London meeting …
India’s freight forwarders are feeling the effects of the coronavirus outbreak and China’s extended supply chain slowdown.
Karthi Baskar, deputy managing director of Kintetsu World Express (India), said shipments from China had been heavily delayed.
“All air cargo capacity is …
Planners have denied permission to use 67 hectares of land for port-related activities at Felixstowe.
East Suffolk Council had been asked to “ensure that adequate space is made available for port-related growth and activity”, but planning inspector Philip Lewis said …
Here is a quick and short update following the annual results released by British online grocer Ocado last week – it could be of particular interest for those who have missed the performance of its UK Solutions & Logistics (UK …
When UPS recently posted reasonably solid 2019 results, its stock took a nosedive.
Around the same time, Amazon’s market value rallied by more than the entire $93bn market cap of UPS.
Correlation is not causation and all that, but the …
