On the wires: SF Holding – M&A fillip already gone (as Kuehne and TFI smile)
SF Holding momentarily loses out, but revenge is a dish best served cold.
“During May, we achieved ratification of our labor agreement which provides critical operational opportunities for our business. We believe these opportunities should provide the basis for improved profitability over time for the Company. However, during the second quarter, the labor contract impacted us in several ways.” – Darren Hawkins, chief executive officer of YRC Worldwide, 9 August 2019.
However: he added “first, we saw declining revenues due to temporary customer concern surrounding the labor negotiation. Second, while the labor contract was ratified ...
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
Ripples from Suez ending in waves of price rises on all container tradelanes
UPDATE 2: Philippines vs China – the South China Sea dispute
Anger as SCA arrests Ever Given and submits $916m compensation claim
Now US intermodal rail yards clog up as port congestion and delays continue
Comment on this article