Commercial activities at the Lagos Port Complex remain crippled by the ongoing industrial action embarked on by members of the Maritime Workers Union of Nigeria (MWUN) over non-payment of wages and bonus by the management of international oil companies. The strike was embarked on at the instance of the executive
Loading platform of air freight to the aircraft African carriers in May 2019 posted the fastest growth with an increase in demand by eight percent, compared with the same period a year earlier, a period other regions recorded weak growth. This was in continuation of the upward trend in FTKs (measured in
The Federal Government (of Nigeria) released a total of N504.1bn out of the N890bn that was appropriated for the construction and rehabilitation of federal roads across the country in three years. It was gathered that the N504.1bn was the total sum for capital releases to the Federal Ministry of Power, Works
LAGOS (Reuters) - Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday. In much of sub-Saharan Africa there are low levels of personal car ownership,
FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau - Copyright CHARLES PLATIAU(Reuters) United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S.
By: Bloomberg News China is considering adding FedEx Corp. to a list of so-called unreliable entities, said people familiar with the matter, a move that would escalate tensions with the U.S. Authorities in China have almost completed the preparations that would be needed to blacklist FedEx, the people said, declining to be named
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
Yesterday (Monday), FedEx filed a suit in U.S. District Court in the District of Columbia against the U.S. Department of Commerce (DOC), which seeks to enforce prohibitions contained in the Export Administration Regulations (EAR). The suit follows FedEx’s accidental diversion of several Huawei packages shipped from the United Kingdom to the United States earlier this month. In the filing, FedEx argued that the