Now Antwerp-Bruges reports reduced Q1 container throughput
North Europe’s largest container hub ports are losing market share, the first-quarter throughput figures released ...
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
So, Cargolux’s collective work agreement (CWA) has expired. According to articles in the Luxembourg press, (German here and French here) talks went on till 1am last night, after 12 hours with no agreement, and re-started at 10am this morning. While the ground staff and OGBL union are happy, the pilots are still concerned about their rest day, as well as possible outsourcing to Cargolux Italia. And, according to one article, Cargolux’s last-minute announcement that it would expand its fleet and hire 100 new pilots in Luxembourg, was not welcomed by the LCGB pilots’ union.
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