Alibaba's Cainiao – the classic 'canary in the coalmine'. Or?
Enter the Chinese monolith
China Eastern Airlines’ logistics arm has filed for an IPO to raise Rmb2.4bn ($348m). Eastern Air Logistics has been restructuring for two years, and the Chinese state now holds 45% while private investors hold the rest. The proceeds will be used to invest in logistics facilities, network improvements and technology and equipment upgrades, reports Caixin Global.
Carriers still need another 400,000 teu to maintain services
CMA CGM commits to no job cuts for a year, following Bolloré deal
DB Schenker – high bid whisper and... hope
Transpacific freight rates – it’s all about 'who blinks first'
sennder appoints Susanne Schroeter-Crossan as its new CFO
Hapag-Lloyd in choppy water as volatile market sinks profits
East coast port strike threat prompts shippers to consider heading west instead
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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