Freight

IMO's Marine Fuel Rules Sets Shipping Industry For A Comeback In 2020

The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that came into effect at the beginning of the year after...

Eddie Stobart CEO Steps Down, Suspends Trading

Eddie Stobart Logistics Plc on Friday announced the departure of Chief Executive Officer Alex Laffey and suspended shares from trading after it failed to p...

Denmark's DSV Acquires Swiss Logistics Group Panalpina

Denmark's DSV said on Monday it has completed the acquisition of Swiss logistics group Panalpina, creating the world's fourth largest freight-forwarding co...

China's COSCO Shipping Considers London Listing: Sources

China's largest shipping group, COSCO Shipping, is considering raising capital for the first time on the London Stock Exchange through a new initiative wit...

First China-UK Freight Train Departs As Xi Seeks To Lift Trade

China has initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe. The first tr...

CMA CGM Bonds Drop to Record as Weak Freight Rates Lower Profits

CMA CGM SA bonds hit a record low after the container-shipping line’s quarterly profit plunged on weak freight rates. The company’s 725 mill...

Amazon China Registers As Ocean Freight Forwarder

Online retail giant Amazon has registered its China arm as an ocean freight forwarder, the US Federal Maritime Commission has announced. The move will g...

Kuehne & Nagel Lifts Profit Forecast as Freight Shift Pays Off

Kuehne & Nagel International AG’s third- quarter operating profit rose 9 percent as the freight forwarder shifted to more lucrative U.S. sea-...

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