'Opportunistic' takeover bid for UK Royal Mail rebuffed
UK Royal Mail holding company IDS has rejected an “opportunistic” takeover offer by Czech billionaire ...
The Wall Street Journal provides the lowdown on FedEx’s first interim results since it completed its acquisition of TNT Express. Revenues and profits were both up – the former boosted by the addition of TNT Express, while the latter was affected by continuing losses at the previously Dutch company. FedEx’s senior management said the integration process of TNT Express, which is set to significantly increase FedEx’s market share in Europe, was likely to take another four years and cost up to $800 million, but would begin positively contributing to FedEx’s profits by the end of 2018.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
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