Hoegh Autoliners signs five-year '$100m' deal with major automotive shipper
Car-carrier Höegh Autoliners has signed a five-year agreement with a “major” automative manufacturer, with sailings ...
French logistics operator Gefco has shelved plans to launch an initial public offering (IPO) on the Paris Euronext exchange.
Reuters reported this week that the company had decided to delay the IPO “until market conditions improve”.
The group is 75% controlled by Russian Railways and 25% by carmaker Peugeot (PSA), and last month said the former was looking to reduce its stake to below 50%.
And PSA is likely to reduce its own holding to less than 10% after deciding “the increasingly diversified ...
European port congestion now at five-to-six days, and getting worse
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