$102m settlement agreed in first case after MV Dali's Baltimore bridge crash
The US has settled its civil case against the owner and operator of the MV ...
WTC: BACK UPDHL: SUPPLY CHAIN LEADS BUT FORWARDING LAGSDSV: BOND PACKAGECAT: INVENTORY RANGECAT: CHINA STIMULUS VIEWCAT: SLUGGISH CYCLE HITSCHRW: STRONG INTERIMSDHL: GUIDANCE UPDATEXPO: EARNINGS BEAT VALUE ALIGNMENTXPO: MORE ON ELASTICITY OF DEMAND VS PRICEXPO: DIVESTMENT ON THE RADARXPO: YELLOW TAILWINDXPO: OUTLOOKXPO: CONF CALLDSV: STRONG TRACTIONCHRW: CHICKENS COME HOME TO ROOSTMAERSK: AHEAD OF NUMBERSXPO: STRONG RELEASE XPO: RALLY MODE ON
WTC: BACK UPDHL: SUPPLY CHAIN LEADS BUT FORWARDING LAGSDSV: BOND PACKAGECAT: INVENTORY RANGECAT: CHINA STIMULUS VIEWCAT: SLUGGISH CYCLE HITSCHRW: STRONG INTERIMSDHL: GUIDANCE UPDATEXPO: EARNINGS BEAT VALUE ALIGNMENTXPO: MORE ON ELASTICITY OF DEMAND VS PRICEXPO: DIVESTMENT ON THE RADARXPO: YELLOW TAILWINDXPO: OUTLOOKXPO: CONF CALLDSV: STRONG TRACTIONCHRW: CHICKENS COME HOME TO ROOSTMAERSK: AHEAD OF NUMBERSXPO: STRONG RELEASE XPO: RALLY MODE ON
This week saw four UK logistics executives at German 3PL Bertling convicted of using bribery to secure a £16m North Sea logistics contract. According to Reuters, Stephen Emler and Giuseppe Morreale admitted being part of a corrupt scheme to secure the contract, which involved over £350,000 being paid in bribes. Christopher Lane “pleaded guilty to a separate bribery scheme involving overcharging” and Colin Bagwell was convicted of that offence. All four worked for FH Bertling Ltd (UK), which went into voluntary liquidation last year.
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