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.