Ligentia brings in equity partner to 'turbo-charge' growth strategy
Ligentia has sold a significant stake to Equistone Partners Europe – a bid to “turbo-charge” ...
UK forwarder Ligentia has issued a notice on the potential impacts on logistics of the G20 summit in Hangzhou in September. Control measures will be introduced which will have “a negative impact on export and import cargo flows, causing fluctuations”. The measures include closing chemical factories in JinshanZone in Shanghai, cutting port power, shutting down polluting factories, banning high–pollution vehicles and restricting traffic access in relevant areas. Expect more measures to be introduced beforehand.
European port congestion now at five-to-six days, and getting worse
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