Norway’s sovereign wealth fund, NBIM, and the European arm of U.S. commercial property group Prologis have acquired a $385 million portfolio of warehouses in the U.K.
The U.K. Competition Commission said Eurotunnel, the operator of the subsea rail link to France, must abandon its roll-on, roll-off shipping service between the two countries.
International Airlines Group reported cargo traffic of 461 million metric-ton-kilometers in May, down 10.8 percent from 517 million metric-ton-kilometers of cargo in May 2012.
The British government’s Regional Growth Fund has assigned a grant of £35 million (about US$53.5 million) to dredge the approach channel in Mersey Estuary, which will improve access to Seaforth Dock...
Hapag-Lloyd will increase rates for dry, refrigerated, flat rack and open top containers on its trade from the Indian subcontinent to the U.S. and Canada, effective July 1.
Hapag-Lloyd will raise rates for all dry, refrigerated, flat rack and open top containers on its trade from East Asia to the U.S. and Canada, effective July 1...
Royal Mail’s profit more than doubled, driven by surging parcel deliveries, in a major boost to the forthcoming privatization of the UK’s 363-year-old state-owned postal company.