FedEx to shed up to 2,000 posts in European consolidation
FedEx is planning to shed between 1,700 and 2,000 posts among its workforce in Europe ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Trucking companies are facing rising costs as EU member states impose new border controls because refugees continue to enter. Border controls now mean waiting times of about four hours, slowing supply chains and reducing trucking capacity. Bertelsmann Foundation research points to a loss of €470bn in GDP from the EU economy over the next 10 years if there is a permanent return to border controls. As Bloomberg points out, that’s the equivalent of losing a company almost the size of BMW every year for a decade.
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