AGP Executive Report
Last update: 7 hours agoInland Shipping Pressure: Germany’s transport ministers will hold a video call on Wednesday to tackle low Rhine and other river levels, with Bilger warning shortages could force cargo shifts to road and rail; some states have already eased Sunday truck bans to move freight off the water. Heatwave Fallout for Industry: Europe’s heat and drought are deepening, with record-low river flows now threatening steel supply chains as barges cut loads and steelmakers divert raw materials and finished goods to rail and road. TUI Cost Squeeze: Tui’s quarterly profits fell 43% year-on-year as Iran-war risks and higher fuel costs hit demand, with customers booking later and the firm flagging added cruise impacts. Airport Drone Disruption: Hanover Airport saw a drone overflight that closed runways for 90 minutes and delayed flights, with investigators treating it as a possible “hybrid” incident after last week’s Leipzig explosives-drone case. Connected Mobility Move: CARUSO Dataplace added Volvo Cars, enabling a single integration for standardized real-time Volvo vehicle data across supported European markets. Offshore Wind Deal: A&O Shearman advised Cadeler on its Menck acquisition, strengthening offshore wind turbine transport and installation capacity.
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