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 ...
In a late business cycle, when growth starts to splutter and the “every little helps” attitude morphs into necessity of survival, we could have surely done without news and speculation that General Motors and Ford, two of the world’s largest original equipment manufacturers (OEMs), might be looking to shed about 40,000 staff combined.
For GM, it’s confirmed, 14,000 out of about 180,000 employees will go, while for Ford the tally could be as high as 25,000 (out of ~ 202,000), according to Morgan Stanley analyst Adam ...
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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