As manufacturers went into lockdown and closed factories, many of the containers used to ship those manufactured goods were left stranded at ports or storage depots, where they weren’t needed.
announced plans “to wind down American Freight” earlier this month as it began Chapter 11 bankruptcy proceedings. Nationwide closing sales began on Nov. 5. The closures come as the furniture ...
George Dranganoudis has been appointed chief executive of specialist derivatives brokerage Freight Investor Services (FIS). He succeeds the firm’s founder, John Banaszkiewicz, who will continue ...