The arrival of more 20,000 teu-plus megaships has resulted in “a steady shift of market share” from Germany’s hub gateway container port of Hamburg to western neighbours Rotterdam and Antwerp, and, to a limited extent, Wilhelmshaven.
The latest Global Port …
US carrier Kalitta Air has called for sanctions on the Dutch government, Schiphol and Stichting Airport Coordination Netherlands (ACNL), alleging its slots were “wrongfully withheld”.
It also alleged discrimination, claiming: “At the same time, Dutch carriers and others are being …
Swissport has acquired the remaining 50% stake in Heathrow Cargo Handling (HCH), taking its shareholding to 100%.
The Swiss handler has run the company since 1995 in a joint-venture with Air France.
In the year ending 30 September 2018, HCH …
MARKETWATCH reports: “Nobel laureate Paul Krugman says he sees a good chance of a recession hitting the U.S. within a year.”
The post MW: Nobel-winning economist Krugman warns that a US recession looms in 2019 appeared first on The Loadstar…
THE HEISENBERG writes: “Equities traded uninspired last week, and that should come as no surprise.”
The post SA: Doubting the gods appeared first on The Loadstar.
Source: The Loadstar…
REUTERS reports: “Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday.…
ZERO HEDGE writes…
Authored by Charles Hugh Smith via OfTwoMinds blog,
I’m seeing lifestyles that are out of stock and no longer available, even in China.
Though every recession is unique, all recessions manifest in similar ways in the real …
