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When the news hit the wires last week that e-commerce behemoth Amazon was trialling a delivery service to consumers that would also be offered to third-party retailers, I received a couple of calls from banking sources, one of whom asked: “Do you remember our chat this summer?”
“Of course,” I replied.
“FedEx could be readying to up the ante, to show Amazon who is in charge in delivery services worldwide,” he said.
This, in typical banking jargon, means that FedEx could be preparing a ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
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Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Resurgence of Somali pirates creates another 'danger zone' for shipping
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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