RTR: Canadian National launches battle for Kansas City rail with $30bln plus bid
REUTERS reports: Canadian National (CNR.TO) said on Tuesday it had offered to buy railroad operator Kansas ...
Fascinating insight into the motivation behind Hutchison’s purchase last week of DP World’s Hong Kong container terminal assets. The world’s largest port operator built a mighty business over several decades through developing container handling facilities in markets where often there were none before, so why invest in a port that shows every indication of being in long-term, if gradual, decline? The answer may well have less to do with freight and shipping, and much more to do with the residual property values of the locations it has acquired.
Lengthy wait for cargo as Ever Given owner declares General Average
Anger as Maersk suspends contract bookings, sparking scramble for capacity
Hong Kong Air Cargo ban on Vivo phones after pallets catch fire at airport
Anger as SCA arrests Ever Given and submits $916m compensation claim
Ripples from Suez ending in waves of price rises on all container tradelanes
Shipping rates rocketing again, with contract talks 'a game of musical chairs'
UPDATE 2: Philippines vs China – the South China Sea dispute
Now US intermodal rail yards clog up as port congestion and delays continue
Comment on this article
Michael Kusuplos
March 14, 2013 at 10:29 pmSo here is the answer – Waterfront Property