Transport and Logistics Network
View image in fullscreen[1]Analysis[2]‘Cock-up with the comms’: how Labour announced five non-existent freeportsEleni Courea Political correspondent[3]Erroneous announcement traced back to briefing note prepared by Treasury officals, ahead of PM’s Sam…
The mistake arose due to a confusion between the freeport sites themselves and the multiple customs areas that are contained within them. Freeports are areas near shipping ports or airports where imported goods are free from tariffs.They are designed t…
Chancellor Rachel Reeves[1] will not announce any new freeports in the Budget, despite a Downing Street press release on Friday saying five more would be unveiled.
Freeports are trading and investment zones centred around airports and shipping ports, w…
THE leader of NFDC has called for patience on the progress of the Solent Freeport, insisting “Rome wasn’t built in a day”.
Cllr Jill Cleary defended the merits of the designated area, which offers tax breaks and retained business rates to support inves…
Critics have suggested, however, that they simply move economic activity or jobs from one part of the country to another, rather than creating new opportunities or roles.Sir Keir said “that’s why we would do well to make some tweaks to freeports to mak…
Developers behind proposals to build a whole new Leicestershire town[1] have now objected to a huge warehousing scheme over traffic fears. The Harworth Group and Caesarea filed their concerns over the East Midlands Freeport plan with North West Leicest…
View image in fullscreen[1]Labour to announce plans for five new UK freeports in budgetStarmer says new low-tax zones, a policy inherited from the Tories, will ‘have this government’s stamp on them’Downing Street will announce five new freeports in ne…
Freeport McMoran (FCX) has announced that the application process for extending PT Freeport Indonesia’s (PTFI) Special Mining Business License (IUPK) is currently underway, ensuring operations beyond its current contract’s expiration in 2041.
This exte…
Freeport-McMoRan FCX closed Wednesday’s trading session 1.26% lower at $47.92 as the market further digested its third-quarter earnings results[1].
The leading copper miner reported slightly lower earnings per share, coming at $0.36 instead of the exp…
Scotiabank has adjusted its outlook on Freeport-McMoRan (NYSE: NYSE:), a major mining company, by reducing its price target from $53.00 to $52.00.
The firm retained a Sector Perform rating on the stock. This decision follows the company’s third-quarter…