Sudden spike belies 'boring' transatlantic airfreight market
On the face of it, transatlantic air trade between Europe and North America has been ...
PLD: TRADING UPDATEAAPL: SUPPLY CHAIN BETDHL: NEW PARTNERJBHT: HAVING FUN TO WIN ACROSS THE BOARD JBHT: 'BEING PREPARED FOR THE NEXT UPTICK IN DEMAND' JBHT: BUYBACKS UPDATEJBHT: PEAK SEASON JBHT: PARING SOME LOSSESJBHT: RISING COSTS HERE TO STAY JBHT: EQUIPMENT UTILISATION RISK JBHT: NO STONE LEFT UNTURNED JBHT: COST SAVINGS ON THE AGENDAJBHT: QUESTION TIMEJBHT: RESILIENT INTERMODAL OPERATIONSJBHT: ADDED COMPLEXITY JBHT: 'CHALLENGING AND UNPREDICTABLE ENVIRONMENT'JBHT: CONF CALL STARTSJBHT: CONF CALL
PLD: TRADING UPDATEAAPL: SUPPLY CHAIN BETDHL: NEW PARTNERJBHT: HAVING FUN TO WIN ACROSS THE BOARD JBHT: 'BEING PREPARED FOR THE NEXT UPTICK IN DEMAND' JBHT: BUYBACKS UPDATEJBHT: PEAK SEASON JBHT: PARING SOME LOSSESJBHT: RISING COSTS HERE TO STAY JBHT: EQUIPMENT UTILISATION RISK JBHT: NO STONE LEFT UNTURNED JBHT: COST SAVINGS ON THE AGENDAJBHT: QUESTION TIMEJBHT: RESILIENT INTERMODAL OPERATIONSJBHT: ADDED COMPLEXITY JBHT: 'CHALLENGING AND UNPREDICTABLE ENVIRONMENT'JBHT: CONF CALL STARTSJBHT: CONF CALL
DP World announced today that it is to buy Maher Terminal’s Fairview terminal in Prince Rupert, Canada. With a concession that runs to 2034, and an extension to 2056 after phase two is finished, the price for the total outstanding stock, on a debt-free basis, is $457m – which we think is a good deal for the Dubai operator. Regulatory authorities have yet to approve the purchase, but expect to see it finalised in the second half of the year.
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