A quick one from the bunker in Horsham, England: XPO Logistics shares were halted in early US trade on Wednesday, pending an unscheduled corporate event announcement. Figure the excitement after my take on Tuesday, headed: “XPO Logistics ‘officially a takeover target’.
Believe it or not, there are signs the transport logistics firm might soon cease to exist as a public company – and here is the main reason that I am willing to speculate ...
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Asia-Europe overland services are strengthening as speed, security and rates improve.
The latest overhaul comes from Davies Turner, which offers a weekly rail import service for LCL shipments from China to the UK.
The forwarder has restructured its service so that containers now go direct from Wuhan to Duisberg, from where they are trucked under bond to Rotterdam and taken to Purfleet by ferry, before going on to Davies Turner’s distribution centre.
“This ...
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It “remains to be seen” whether CMA CGM’s agreement to list its rates on Freightos’ online marketplace will be successful outside its transpacific pilot phase, says Alphaliner.
The French carrier announced last week it had become the first container line to be listed on the Freightos platform, enabling online bookings with guaranteed pricing and secured space reservations.
Initially, the digital offering is restricted to CMA CGM’s China to US freight services, but the ...
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Vessel cascading has been an ever-present feature of container shipping since liner executives first understood the benefits of economies of scale and began the box ship capacity arms race.
But over the next few years, there are likely to be only a few arenas where it will take place, according to Drewry Maritime Advisors’ director of ports, Neil Davidson.
Mr Davidson also suggested that, with an outstanding orderbook of some 130 vessels of ...
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2019 will be the year that the buzz around blockchain dies – but that will lead to a realisation of the technology’s true benefits.
This is the view of IATA’s head of digital cargo, Henk Mulder, who believes that as things stand, blockchain is being incorrectly harnessed by the logistics industry.
“Look at the way it is being deployed at the moment; you have Maersk and IBM utilising it as a document-tracking ...
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As delivery firms struggle with ever-increasing volumes, chocolate turns out to be one of the biggest culprits. According to this piece by the BBC, almost half the weight of a box of chocolates is its packaging. Which? magazine claims Ferrero Rocher is the biggest culprit, with some 42% of the total weight of its collection tray being wrapping. And of course there are other issues that can arise here, not least of ...
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Amazon Air is expanding its Chicago operations, Air Cargo News reports. An additional 120,000sq ft will be taken by the e-commerce giant at Chicago Rockford International. The airport will pump $11m into developing the new facility for Amazon, and it should become operational by next July. The gateway also recently completed a $10m project to expand the number of parking spaces for Amazon’s aircraft, from three to eight.
Amazon has also announced ...
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It seems those eager for the launch of Elon Musk’s hyperloop in Los Angeles will be waiting at least another week. Tech Republic reports that the Boring, Tesla and SpaceX chief executive tweeted that the launch would now take place on 18 December – more than a week late. Though only a pilot test, the report quotes one industry source who suggests it could have a “massive” impact on the future ...
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Nel mezzo del cammin di nostra vita
mi ritrovai per una selva oscura
ché la diritta via era smarrita.
Ahi quanto a dir qual era è cosa dura
esta selva selvaggia e aspra e forte
che nel pensier rinova la paura!
Midway upon the journey of our life
I found myself within a forest dark,
For the straightforward pathway had been lost.
Ah me! how hard a ...
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BLOOMBERG reports: “Uber Technologies Inc. has selected Morgan Stanley to lead its public offering next year, according to two people familiar with the matter, meaning the investment bank will reap a larger share of the fees associated with a listing valuing the company at as much as $120 billion.”
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AirBridgeCargo Airlines (ABC), one of the world’s leading specialists in the transportation of live animals, and Intradco Global, have safely delivered 200 breeding cattle onboard a charter flight from Amsterdam to Yuzhno Sakhalinsk in Russia.
