Surcharges add up for parcel shippers – and there may be more to come
UPS is hitting cargo owners with multiple surcharges in the run-up to the peak season ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
China has opened the world’s longest sea bridge, linking Hong Kong and Macau to the mainland. The 55km bridge officially opens tomorrow, but those in private vehicles wishing to cross it will be required to obtain a special permit. Its main purpose, The Guardian reports, is for shuttle buses and freight transport. Construction began in 2009, and it has remained a contentious subject, many seeing it as way for China to encroach further into the special administrative regions. The bridge project has also experienced its fair share of troubles and tragedy, with the original opening in 2016 put back after delays and deaths among its workforce. However, many in the freight industry have been keen to see the bridge and new connection open.
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