Commodity Expert Marcel Kistler Joins iRely as Senior Partner, Process Transformation
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Master s checklists for loading and carriage of soya beans | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Share this article
By Isis Almeida , Ann Koh , and Michael Hirtzer (Bloomberg) Food is piling up in all the wrong places, due to struggles facing ships hauling empty shipping containers.
Global competition for the ribbed steel containers means that Thailand can’t ship its rice, Canada is stuck with peas and India can’t offload its mountain of sugar. Shipping empty boxes back to China has become so profitable that even some American soybean shippers are having to fight for containers to supply hungry Asian buyers.
“People aren’t getting their goods where they need them,” said Steve Kranig, director of logistics at IM-EX Global Inc., a freight forwarder that handles cargoes including rice, bananas and dumplings from Asia to the U.S. “One of my customers ships 8 to 10 containers of rice every week from Thailand to Los Angeles. But he can only ship 2 to 3 containers a week right now.”
Jan 06 2021, 8:34 PM
January 06 2021, 4:00 AM
January 06 2021, 8:34 PM
(Bloomberg) Swiss coffee trader Sucafina SA is pressing ahead with expansion plans, striking a deal to buy a majority stake in a U.K. merchant known for supplying Costa Coffee.
(Bloomberg) Swiss coffee trader Sucafina SA is pressing ahead with expansion plans, striking a deal to buy a majority stake in a U.K. merchant known for supplying Costa Coffee.
Sucafina bought a 75% stake in Complete Coffee Ltd., a seller to the British coffee chain thatâs now owned by Coca-Cola Co., said Nicolas Tamari, Sucafinaâs chief executive officer. The merchant is also the preferred partner of the Colombian Coffee Federation for instant coffee sales in the U.K.