UPS drama – a Premium back and forth on key bits and pieces
Network power
A couple of days before FedEx released its interim update there was a grin on my face when I read that FedEx, according to some sell-side analysts, could use funds to buy back more of its own stock – a la XPO Logistics, given the suggested size of the buybacks – while pushing back aircraft orders.
Then, when the market closed on Tuesday, the share plunged 5% in after-market trade, when volumes are typically thin, and were down below $170 before the ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article