FMC approves Gemini Cooperation despite anti-competitive 'concerns'
The Federal Maritime Commission (FMC) has admitted to “questions and concerns” over whether the Maersk ...
DSV: SCHENKER BOOST DAY FOURAMZN: EXPANDED COLLABORATION AMZN: INTEL PARTNERSHIPPG: LEAST SHORTED STOCKFDX: SURCHARGE SPOTLIGHTBA: OTHER BAD NEWSBA: UNEXPECTED CASH OUTFLOWTGT: PEAK SEASON DSV: MODELLING CAPITAL APPRECIATIONAMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISE
DSV: SCHENKER BOOST DAY FOURAMZN: EXPANDED COLLABORATION AMZN: INTEL PARTNERSHIPPG: LEAST SHORTED STOCKFDX: SURCHARGE SPOTLIGHTBA: OTHER BAD NEWSBA: UNEXPECTED CASH OUTFLOWTGT: PEAK SEASON DSV: MODELLING CAPITAL APPRECIATIONAMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISE
It would appear that the latest, intriguing chapter of machinations in the cross-Channel sea freight business is about to close, after Eurotunnel announced that it has agreed to sell two ro-pax ferries to competitor DFDS. The vessels had been operated by ex-SeaFrance employees that formed a collective when the state-owned ferry line went into bankruptcy, but UK competition authorities ruled that Eurotunnel’s subsequent ownership of the vessels was anti-competitive, given that it already held a sizeable chunk of the market through its rail operations. The workers’ collective had been unable to raise the funds to buy the ships itself.
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