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It’s not entirely freight related – in fact, not really at all – but this article caught our eye. It’s a fascinating exposé of an Apple supplier’s contract that, it claims, helped bring about the bankruptcy of sapphire screen maker GTAT. Not only did GTAT borrow money from Apple to be able to fulfil the orders, but then Apple negotiated so hard that GTAT was selling its product at a loss while at risk of steep fines for any breach of contract. Apple, however, could cancel orders at any time. Now 890 people are jobless and and the management is facing questions over insider dealing. A sorry saga.

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