Two-thirds of the owners of cargo on the fire-hit Yantian Express face further costs to retrieve their goods after others failed to contribute towards general average.
Exactly five months after the fire aboard the Hapag-Lloyd vessel, ONE issued an advisory …
XPO Logistics chief executive Brad Jacobs has confirmed that the company’s ‘growth by acquisition’ strategy is on hold, after deploying nearly $2bn to shore up its share price.
“We are not actively pursuing any M&A at the moment; we are …
Policy director of the UK Chamber of Shipping Anna Ziou has slammed French proposals to impose speed limits as a way to cut shipping emissions,
She claims it would give a “false impression” of the industry taking action.
Ms Ziou’s …
The past two weeks have confirmed that logistics really is a fascinating world – one where Søren Skou, the CEO of the largest ocean carrier in the world by many metrics, says the group is not a threat for freight …
Bollore Logistics has announced the opening of a dedicated aerospace warehouse in the city of Hamburg
The post Bollore opens new dedicated Aerospace warehouse in Hamburg appeared first on The Loadstar.
Source: The Loadstar…
More detail is emerging on the significant indirect costs incurred by Japan’s K Line, MOL and NYK when they merged their container businesses into Ocean Network Express (ONE) last year.
Non-operating containership owner Seaspan Corporation said today it had received …
Atlas Air (AAWW) continued its solid upward momentum of 2018, reporting surging profits and revenues during the first three months of the year.
First-quarter operating revenue hit $680m, boosting adjusted profits (measured as ebita) by 29.1% to a little over …
