A shipping company that operates in Nigeria, Hapag-Lloyd, has increased its freight rate with the review of its Peak Season Surcharge (PSS) on all container types originating from anywhere in the world to Tin Can Island, and Apapa ports in Lagos, Nigeria. The German-based firm, which is also the fifth largest
Year: 2019
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
Collision Between Acid Truck and Bus Leaves At Least 18 Dead
Cape Town - At least 18 people were killed when a truck laden with industrial acid collided with a bus, sources say. AFP reports that the accident happened near the village of Fungurume, in a copper and cobalt mining area between Lubumbashi and Kolwezi in the southeast. "A Tanzanian-registered tanker truck carrying acid
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,
Robot valets may soon park your car at this London airport
San Francisco (CNN Business) - Travelers flying out of London's Gatwick Airport may soon have a robot parking their car. Later this year, the airport will test an autonomous robot that slides a large, slender bed beneath vehicles and totes them to spots in the lot. The airport plans to experiment with
Madrid taxis block major road in biggest anti-Uber protest yet
MADRID (Reuters) - Hundreds of taxis blocked a central traffic artery in Madrid during Monday’s morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered its second week. Anti-riot police backed by a fleet of tow trucks took
