“During May, we achieved ratification of our labor agreement which provides critical operational opportunities for our business. We believe these opportunities should provide the basis for improved profitability over time for the Company. However, during the second quarter, the labor …
When Uber filed its form S-1 with the Security Exchange Commission in April, its freight ambitions obviously captured my attention, however tiny its current exposure to the trucking trade.
So I soon started trying to figure out how much it …
BLOOMBERG reports: “Deutsche Bahn AG, Germany’s state-owned rail operator, has attracted interest from more than 10 buyout firms and competitors for all or parts of its European transport unit Arriva, people familiar with the matter said. Apollo Global Management LLC, …
Carriers are being accused of an abuse of power by “weaponising rollovers” to force shippers into paying higher spot rates to get their goods moved.
Sources told The Loadstar they were being warned “weeks in advance” of rollovers on North …
Despite the alliances blanking over 150,000 teu of capacity during the peak season and adopting an aggressive policy of selective rollovers, Asia-North Europe ocean carriers have so far been unsuccessful in lifting freight rates.
This week’s Shanghai Containerized Freight Index …
Uber has piled more misery on its investors with another quarter in the red, but it is hoping to gain traction in the freight market through its hook-up with transport management system (TMS) software provider MercuryGate International.
On Tuesday, a …
In 2007, a more diversified Deutsche Post conglomerate than the current DP-DHL, hit revenues of €63.5bn and ebit of €3.2bn; earnings per share (EPS) came in at €1.15, while its workforce stood at about 470,000.
In those days, its stock …
