Hapag-Lloyd forecasts small increase in shipping demand towards year’s end December 13, 2022 Shipping giant Hapag-Lloyd has forecast a small and short-lived uptick in demand towards the year’s end. The world’s fifth-largest shipping company saw a decline in demand in September and October as the cost-of-living crisis weakened consumers’ appetite. “I don’t think the market is as weak as it was four or eight weeks ago,” chief executive [...]
Felixstowe: Workers reach deal and accept 8.5 per cent pay increase December 13, 2022 Workers at the port of Felixstowe have finally reached a deal and accepted an 8.5 per cent pay increase for 2023. The port said that over 90 per cent of workers agreed to the rise, which also includes an additional £1,000 lump sum. “We are pleased to have reached an agreement on the 2023 pay [...]
Easyjet’s boss receives £3m package as airline remains in the red December 13, 2022 Easyjet’s boss Johan Lundgren has received a £3m remuneration even though the airline has posted a loss for the third consecutive year. The chief executive received a £1.2m bonus in addition to his £833,000 annual salary as well as shares worth £925,000. A company spokesperson said Lundgren – who has been at the carrier’s helm [...]
Maersk appoints logistics boss Vincent Clerc to top job December 12, 2022 Maersk has appointed shipping veteran Vincent Clerc to the top job as outgoing boss Soren Skou stepped down after over six years at the company’s helm. Chairman Robert M. Uggla said Clerc – who has led Maersk’s ocean and logistics branch since 2019 and will take over from Skou on 1 January – was the [...]
Snow chaos: Disruption across London continues with severe delays on tube lines December 12, 2022 Disruption across London’s transport network continued throughout the day following last night’s heavy snow. Services across the wider tube network were affected by severe delays, especially on the Central, Jubilee and Piccadilly lines. Minor delays were reported on the District, Hammersmith & City, Victoria and Northern lines as well as on the Overground between Euston [...]
Network Rail Christmas strike to go on as workers reject pay offer December 12, 2022 The strikes planned on Network Rail over the Christmas period are set to go on as members of the union RMT have rejected the company’s latest pay offer. Thousands of rail workers will walk out between 6pm on Christmas Eve and 6am on 27 December, disrupting planned engineering works. This will be in addition to [...]
Rivian puts EV venture with Mercedes on hold to focus on US operations December 12, 2022 Rivian has put its plans to create an electric van joint venture with Mercedes on hold to focus on its US operations. The electric van maker announced today it was pressing the pause button on the project to instead focus on its existing US business – which include a contract to supply Amazon 100,000 delivery [...]
Ryanair to compensate travellers for 2018 strikes after Supreme Court appeal dropped December 12, 2022 Ryanair is set to compensate travellers for strikes that took place over four years ago after it dropped a UK Supreme Court appeal. “Ryanair’s decision to discontinue the Supreme Court appeal of the Court of Appeal judgement means that affected passengers will now be able to make a claim for compensation,” said Paul Smith, consumer [...]
Heathrow assures Border Force strikes won’t impact travellers as activity falls December 12, 2022 Heathrow has assured travellers that their journeys will be unaffected by Border Force strikes, as the number of people using the airport falls. Last week, Border Force staff working at several UK airports agreed to strike over the Christmas period in a long-standing dispute over jobs and pay. Members of the union PCS will walk [...]
Friendly competition: Macron and Sunak joke ahead of England-France game December 10, 2022 French President Emmanuel Macron and UK Prime Minister Rishi Sunak have shared a few jokes on Twitter ahead of tonight’s England-France game. Macron said he was looking forward to tonight’s game, asking the PM whether he would wish France good luck in the semi-final, if Les Bleus were to beat England later today. “Dear Rishi [...]