MarketWatch reports:
Stocks in Taiwan slumped 5% on Thursday, leading a selloff in Asia as investors returned from the Lunar New Year holiday to face mounting concerns the spreading coronavirus outbreak.
Fed chief Jerome Powell said Wednesday that the U.S. …
“As indicated by market sources, Nicolas Sartini is to remain within the CMA CGM group – as executive vice president, ports and terminals. He starts his new role in March.” – The Loadstar, 29 January 2020.
A long-standing CMA CGM …
What could be an outstanding break-up candidate, CH Robinson, has a few other affairs to deal with right now.
The possible “achievements” I hinted at in my earlier coverage this week ahead of results were so off the mark in …
Container shippers should expect more blanked sailings and increased freight rates if China’s coronavirus outbreak extends factory closures, while airlines are scrambling to reduce flights into the country.
The government has already extended the lunar new year holiday until 2 …
Ships leaving yards after scrubber retrofits are being held at anchor to await open slots on service networks and may face further idling due to soft demand forecasts, said Alphaliner.
However, given the substantial fuel cost saving achievable by these …
Struggling Roadrunner, which in 2018 was hit with accusations against three executives for accounting fraud, has sold its Prime Distribution Services division to CH Robinson in a $225m cash deal.
Roadrunner has had a bumpy ride: it has been undergoing …
SEEKING ALPHA reports:
Shares of CH Robinson Worldwide (NASDAQ:CHRW) slide after the company’s Q4 profit mark misses the consensus estimate by a wide margin. Lower prices across transportation lines factored in during the quarter.
C.H. Robinson Worldwide also disclosed the …
