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REUTERS reports: – Chairman Antonio Horta-Osorio apologies for personal actions – Quits within one year after taking charge – Bank appoints former UBS executive Axel Lehmann as chairman – Credit Suisse announced big revamp in November Credit Suisse Chairman Antonio Horta-Osorio has quit following an internal probe into his personal conduct, including breaches of COVID-19 rules,...


TRANSPORT INTELLIGENCE‘s Thomas Cullen writes: The United States Government has embarked on an apparently huge programme of infrastructure investment and logistics infrastructure is high on the list of targets for expenditure. It is now attempting to implement some of the ideas for investment. American President Joe Biden’s fiscal policies may be controversial in the...


REUTERS reports:  Amazon.com Inc and Stellantis NV (STLA.MI) said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The agreements expand Amazon’s efforts to get a bigger foothold in the transportation industry, and could help Stellantis close the gap...


PRESS RELEASE  BOLLORÉ HAS RECEIVED AN OFFER FROM MSC FOR THE PURCHASE OF BOLLORÉ AFRICA LOGISTICS. BOLLORÉ HAS GRANTED AN EXCLUSIVITY TO THE OFFEROR The Bolloré Group announces that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire 100% of Bolloré Africa Logistics, comprising all of the...


PRESS RELEASE Acquisition underscores Redwood’s position as the innovative leader in the freight industry December 14, 2021 08:00 ET | Source: Redwood Logistics CHICAGO, Dec. 14, 2021 (GLOBE NEWSWIRE) — Redwood Logistics (Redwood), one of the fastest-growing supply chain and logistics companies in North America, announced a new strategic investment from AEA Investors (AEA), a leading global investment...


At around 12.00 EST, SEEKING ALPHA reports today: – Stocks are rallying again, led by tech today, as money moves back into risk. – The Nasdaq (COMP.IND) +2.8% leads the major averages. – Intel is popping on its plan to publicly list Mobileye. – Apple is gaining as it gets another $200 price target. It’s the megacap that has held...


PRESS RELEASE  Knight-Swift Expands Its Less-Than-Truckload Footprint in 15 States Through the Acquisition of Midwest Motor Express December 06, 2021 09:00 AM Eastern Standard Time PHOENIX–(BUSINESS WIRE)–On Monday, December 6, 2021, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift,” the “Company,” “We,” or “Our”), through one of its wholly owned subsidiaries, acquired 100% of RAC...


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