End-of-year cargo surge adds to operational challenges at JNPT
Container lines are reporting more operational challenges at India’s Nhava Sheva Port (JNPT) as they ...
The story of Dubai World – the ultimate owner of port operator DP World – could have ended badly when the credit crunch roiled global markets in 2008, had the state-run holding company not received the backing of its bankers, who agreed a $24.9bn debt restructuring a couple of years later.
At that time, a raft of Dubai-owned entities was on the brink of collapse, as were their banks.
Western lenders were among the most exposed, through their global networks, and had ...
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Airfreight rate relief for shippers, or are things going to 'turn nasty'?
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