MSC 'to offer feeder vessel' to get stranded Canadian cargo to its destination
MSC appears to have decided against leaving Montreal-destined shipments at the port of Halifax, and ...
UPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING
UPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING
Popular Mechanics’ Joe Pappalardo has put together a fascinating piece on developing logistics at the North Pole. Foremost is Vladimir Putin’s $3.5bn railway – due to start construction this year – that will provide Russia with a platform to sell oil, gas, and minerals in the Arctic. As Pappalardo points out, the Russian Northern Latitudinal Railway is not the first venture of its kind, Canada has developed rail connections to iron mines in its own “frigid wasteland”. While the Canadians found development of a service possible, they came up against difficult conditions. And for the US military, difficulties turn to concerns. The fastest route from Russia to the US is via the pole, and these developments are apparently unnerving those in the military’s upper echelons.
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