Business Activities upbeat at border towns also Twenty four hours after the conclusion of Presidential and National Assembly elections in Lagos State, flights operations at the Murtala Muhammed Airport (MMA) are yet to fully normalize. At the private terminal (MMA2) yesterday, the departure halls was quiet with few passengers arriving and departing. Daily
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Lyft Sets Crucial Date in Race to I.P.O.
US tariffs could cost German automakers $7 billion a year
French-German rail merger blocked by Brussels
Alstom makes TGV high-speed trains Brussels has knocked down a proposed French-German rail merger, designed to help Europe compete with China. The EU's competition commission blocked the tie-up, saying uniting France's Alstom with the rail arm of Germany's Siemens would lead to higher prices. The firms had said the merger would create an
Panalpina’s largest shareholder rejects DSV takeover bid
On Monday, Panalpina’s largest shareholder, the Ernst Göhner Foundation, said it does not support the non-binding proposal from Denmark-based rival DSV to purchase the Swiss forwarding giant. About two weeks ago, Panalpina’s board said that “according to its fiduciary duties,” it would review the proposal with its professional advisers. The offer,
Toyota Motor aims to boost sales in China by 8 percent this year
Amazon makes moves to capture more deliveries
Image provided by Amazon One industry insider called Amazon's shipping promises a "publicity stunt." Amazon built its massive business by offering door-to-door delivery of millions of items, and the company is apparently trying to figure out ways to bring more of that process in-house by cutting out third-party delivery companies. The Wall Street
Airports underperform industry cargo growth in December first look
Budapest airport cargo terminal December cargo throughput results for the world’s airport are still trickling in, but early analysis indicates an overall diminished peak season for air freight. With only a couple of exceptions in Europe and Asia, volumes and traffic across most airports posted year-over-year declines in volume for December,
FedEx Express acquisition to expand Israel presence
The express carrier reached a deal to acquire the international express business of Israel-based Flying Cargo Group. FedEx Express said it has reached an agreement to acquire the international express business of Israel-based Flying Cargo Group. The acquisition is expected to close in the first half of 2019 and is subject to
Madrid taxis block access to tourist fair in anti-Uber protests
Police clash with striking taxi drivers as they try to block M40 highway in Madrid, on Jan. 23.REUTERS/Sergio Perez MADRID (Reuters) - Hundreds of taxi drivers protested outside one of Madrid’s largest tourist fairs on Wednesday, using their cabs to block access roads and burning rubbish as part of an open-ended