Stevedoring down under – where some playing fields are less level than others
Either way, Mr and Ms Consumer lose
PEP: ACTIVIST INTERESTPLD: SECURING FUNDING FLEXIBILITYMAERSK: CAUTIOUS AT PEAK FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALL
PEP: ACTIVIST INTERESTPLD: SECURING FUNDING FLEXIBILITYMAERSK: CAUTIOUS AT PEAK FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALL
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.
Comment on this article