Ceva top creditor as shoe company goes bust, hit by e-commerce boom
The bankruptcy of a shoe company in the US has revealed an interesting snapshot of ...
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It often appears as if there ought to be far more business failures in container shipping than there actually are, but this week saw Malaysian feeder operator Hubline decide to call time on its box shipping business, blaming overcapacity and depressed freight rates for several years of losses. It will now focus on its core bulk carrying business instead.
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