Antong to be swallowed up by state-owned China Merchants group
A reshuffling of the state-owned China Merchants group’s container shipping business will see Antong Holdings, ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
According to a new report in Freightwaves, the long-awaited saga of Indonesian airline Lion Air’s public listing on the country’s stock exchange could take place by the end of this year. The company is reportedly looking to raise around $1bn in equity which will be funnelled into a fleet expansion programme, and could have an impact on Indonesia’s air cargo capacity – Lion Air cargo subsidiary Lion Parcel sells space in Lion Air bellies and around 50% of its traffic is e-commerce – and e-commerce business in the country has been forecast to rise by 100-150% this year alone.
Comment on this article