DSV narrows earnings guidance, launches €5bn equity funding backing Schenker purchase
DSV updates the market saying that based on the preliminary earnings estimates for the first ...
DSV Panalpina, along with four other companies, could be on the hook for “hundreds of millions of dollars”, following accusations that it deliberately and unlawfully used expropriated property for its own financial gain, and made false representations in legal documents to do so.
It’s quite a case, combining the Cuban revolution with the Trump administration’s 2019 decision to resume a law which allows US nationals with claims to confiscated property in Cuba to sue anyone who might profit from that property.
That ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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