Source Zero Hedge.
Authored by Ritesh Jain via WorldOutOfWhack.com
Here we go again, a binary outcome awaits as we head into G-20 meeting. Mehul Daya and Neels Heyneke of Nebank explains is their Macro Strategy note:
“At the G20 meeting …
The Ocean Network Express (ONE) management “underestimated the initial launch resource requirement” in April, resulting in a significant loss of business and a $400m impact on its bottom line.
This was the stark admission of chief executive Jeremy Nixon to …
US container shipping line Crowley has become the latest to embark on a vertical integration strategy after announcing its liner and logistics divisions will merge.
“This restructuring is essential for us to compete more effectively in our markets while providing …
South Korean container carrier Hyundai Merchant Marine (HMM) is targeting a 7% market share in the major deepsea east-west trades as it prepares to take delivery of 20 new ultra-large container vessels (ULCVs).
And it sought to reassure investors and …
Bangladeshi exporters could now find it easier to truck goods to India and then air freight shipments from Kolkata to Europe, following EFL Group’s first bonded cross-border service.
Apparel manufacturers have largely avoided the worst of the US tariffs, but …
DSV Canada breaks ground on new 1.1 million square foot facility in Milton, Ontario, scheduled to open fall 2019.
DSV’s new facility will be the future Canadian head office and state-of-the-art logistics complex.
The post DSV Canada breaks ground on …
MarketWatch reports: “Oil futures dropped Wednesday to settle at their lowest in more than a year, sending U.S. prices sliding toward $50 a barrel on the back of a 10th straight weekly rise in U.S. crude stockpiles.”
The post MW: …
