About five vessels bearing maize, ethanol and wheat estimated at over $37.9m have arrived at the Lagos and Tin Can Island ports. According to information obtained from the Nigerian Ports Authority’s daily Shipping Position, a vessel, Cape Daly, arrived at the ABTL terminal on September 1 carrying 10,150 metric tonnes of
Month: September 2017
F.B.I. Investigateing Uber Software Used to Monitor Lyft Drivers
SAN FRANCISCO (NYT) — The Federal Bureau of Investigation and the United States attorney’s office in New York are looking into whether Uber used tactics and software to illegally interfere with Lyft, its largest American competitor. The investigation is focused on Uber’s use of a special program internally called “Hell,” said
Arik owners challenge takeover in N20bn suit against Govt, Ethiopian Airlines
Lagos (Moov Logistics News) - Arik Air Limited has filled a N20 billion suit against the Nigerian Government and Ethiopian Airlines over recent claims in the media that they were negotiating the takeover of the airline. The suit was instituted by the airline at the Federal High Court, Lagos against Ethiopian
China studying when to ban sales of traditional fuel cars: Xinhua
Car dealers and customers walk at a second-hand car market near a newly-built residential area in Hefei, Anhui province, China January 26, 2013.REUTERS/Stringer BEIJING (Reuters) - China has begun studying when to ban the production and sale of cars using traditional fuels, the official Xinhua news agency reported, citing comments by
How Airline Jobs Were Ruined – Nobody wants to be a pilot anymore
Working in aviation has lost its glamor. It happened because the law gave carriers every advantage over their workforces—and because we demanded lower airfare. — here's how working for an airline lost its glamor Nobody wants to be a pilot anymore. As the airlines tell it, a so-called pilot shortage has made it impossible
China Economy Booms with Exports as the Major source
BEIJING – China's economy got an another boost from a foreign trade last month, with exports posting modest growth, though the recent surge in the yuan's value is starting to weigh on Chinese exporters. China's exports increased 5.5% from a year earlier in August, according to customs data released Friday. Some
UK exports outside EU fall despite weak pound
Exports of British-made goods to EU increased by £1.3bn, underlining country’s reliance on trade with continental Europe Britain’s efforts to expand trade in goods beyond the European Union’s border took a knock in July after official figures showed the UK’s deficit with the rest of the world widened following a drop
Why shipping could be the next billion dollar opportunity for online retailers
Excerpts from The Future of Shipping Report (BI) - The parcel delivery industry — a segment of the shipping sector that deals with the transportation of packages to consumers — is booming thanks to e-commerce growth, and players outside the industry want a piece of the pie. In a new report, BI Intelligence looks
Lagos, Pen Cinema Flyover Bridge to be delivered in December 2018
The Lagos State Government says it will deliver the Pen Cinema Flyover bridge by December 2018, while appealing to residents and motorists to exercise patience all through the period of construction. Spearing at a stakeholders’ meeting with resident of Agege and environs on the construction of precast/pre-stressed concrete dual carriage flyover