OceanX: India Shining + freight rate horror stories = crumbs of comfort
Optimism or realism?
Really? Yep, really! An internal audit has revealed that more than 1,000 employees of Mombasa Port Authority, the key East African gateway port, have been found to hold fake or non-existent academic qualifications. The investigation, led by Kenya Ports Authority’s HR department, has already led to the sacking of some 132 workers, including 25 managers, and one suspects that more are soon to follow.
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Forwarding M&A round-up: plenty of action making smaller headlines
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Another rail strike in Germany to add to European freight troubles
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Maersk says posted data is not current and not from attack by hackers
Older freighters look set for the scrap heap as capacity oversupply looms
Shippers reject carriers' opposition to ending anti-trust rules
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