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Carriers consider ordering mega containerships

  Evergreen, Hapag-Lloyd, Yang Ming and COSCO all are said to be weighing new ship orders.   Evergreen and COSCO, along with COSCO affiliate OOCL and CMA CGM, are all members of the Ocean Alliance; Hapag-Lloyd, Yang Ming and Ocean Network Express are members of THE Alliance. The Danish website ShippingWatch said it had “market sources

FedEx’s Breakup With Amazon – What is means

Amazon no longer needs FedEx. But that's actually not so bad for the shipping company, which is cutting ties with the e-commerce giant. In many ways, these two companies had long been using each other, all the while knowing that a breakup was inevitable. So now that FedEx has opted to not renew

Walmart relaunches service to deliver groceries to shoppers’ refrigerators

Walmart's groceries delivery to shoppers' refrigerators     Walmart Inc. will restart a service that offers the delivery of groceries directly to shoppers’ refrigerators - part of its attempts to find unconventional ways to offer cheap and rapid delivery of online orders. Walmart had started testing the service in 2017 with smart security company August Home

Activities Pick Up At Lagos Airport, Abuja After Saturday’s Polls

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

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,

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