Regulation – Moov Logistics News

French-German rail merger blocked by Brussels

by Uche Ikorouka - February 6, 2019February 6, 2019 023

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

Madrid taxis block access to tourist fair in anti-Uber protests

by Tola Ojobo - January 24, 2019January 24, 2019 045

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

Toyota car fault prompts massive recall

by Tola Ojobo - October 5, 2018October 5, 2018 098

Japanese car giant Toyota has announced a recall of more than 2.4 million hybrid vehicles worldwide because of a fault in their systems that could cause them to lose power. The recall of Prius and Auris cars includes 1.25 million in Japan, 830,000 in North America and 290,000 in Europe, of

Nigeria: U.S.-China Trade War Worsens Nigeria’s Non-Oil Exporters’ Woes

by Jack Smith - August 27, 2018August 27, 2018 0135

Local non-oil exporters may have started feeling the heat of the trade war between global economic leaders. Although projections from international trade bodies showed that average tariffs on exports from Nigeria and Zambia might not go beyond 10 percent under the ordeal, the affected businesses are already decrying slow demand

Ford recalls 3,968 cars over clutch pressure plate issue: regulator

by Tola Ojobo - August 15, 2018August 14, 2018 0101

Moscow (Reuters) - Russia’s standards agency said on Tuesday it had been informed about the recall of 3,968 Ford cars sold between 2011 and 2016. The cars, including the Focus, C-Max, Mondeo and Kuga models were recalled because of a possible issue with the clutch pressure plates, the agency said.

New York City votes to cap Uber, Lyft vehicle licenses

by Tola Ojobo - August 9, 2018August 9, 2018 0355

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber Technologies Inc for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue. The first such cap

Nigerian Public servants to be compelled by Govt fly Nigerian carriers for all official trips

by Jack Smith - July 25, 2018July 25, 2018 0122

Abuja - Nigeria's Minister of State for Aviation, Hadi Sirika, on Tuesday announced that the government has commenced moves that would compel any public servant travelling on a ticket bought with public funds to travel on a Nigerian carrier. According to the Minister of State for Aviation, Hadi Sirika, in its

Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices

by Tola Ojobo - June 27, 2018June 28, 2018 0101

A coalition representing major foreign automakers in U.S Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars. A coalition representing

Uber granted short-term licence to operate in London

by Tola Ojobo - June 27, 2018June 26, 2018 0158

Uber has been granted a short-term licence to operate in London following a court hearing. Transport for London (TfL) refused to renew the licence when it expired last September, saying the US taxi app was not a "fit and proper" operator. Uber has now been awarded a licence but it has been

Harley-Davidson to make more motorcycles outside the US

by Tola Ojobo - June 26, 2018June 25, 2018 0102

Harley-Davidson plans to shift some motorcycle production away from the US to avoid the "substantial" burden of European Union tariffs. Last week, the EU imposed retaliatory tariffs on US goods, including bourbon, orange juice and motorcycles. The measures are a response to new US duties on steel and aluminium imports. Wisconsin-based Harley-Davidson said