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The impact of tariffs on the U.S. has already been seen: truck Transportation volume at the Port of Los Angeles has dropped by 23%, and large-scale layoffs are about to occur.
Due to the impact of tariffs, the volume of goods entering the Port of Los Angeles, the largest port in the United States, has sharply declined. A CEO in the Logistics Industry stated that the truck Transportation volume at the port has decreased by 23% year-on-year, and if the trade war is not resolved, it may drop to 50% in the coming weeks, with truck drivers facing large-scale layoffs. Some media pointed out that the significant decline in Logistics may lead to the collapse of certain parts of the warehousing Industry Chain in Southern California.
BLUE RIVER HLDG (00498.HK) is selling a total of 8 million shares of the listed company.
Gelonghui, March 18丨BLUE RIVER HLDG (00498.HK) announced that on March 18, 2025, the company, through its wholly-owned subsidiary, will sell a total of 8,000,000 shares of the listed company on the open market for a total price of HKD 6,400,000 (excluding transaction costs), which is equivalent to an average price of HKD 0.8 per share of the listed company. The listed company refers to Haotian International Construction Investment Group Co., Ltd.
Express News | Blue River Holdings Ltd - Disposes 8 Mln Hao Tian International Construction Investment Shares for HK$6.4 Mln
BLUE RIVER HLDG (00498.HK): William Nicholas Giles has resigned as an independent non-executive Director.
On January 17, Gelonghui reported that BLUE RIVER HLDG (00498.HK) announced the resignation of Mr. William Nicholas Giles as an independent non-executive Director due to Other business arrangements, effective January 17, 2025. In addition, the following will take effect from January 17, 2025: (a) Mr. Giles resigns as Chairman of the Corporate Governance and Regulatory Committee and the Share Buyback Committee, as well as a member of the Audit Committee, the Compensation Committee, and the Nomination Committee.
BLUE RIVER HLDG (00498): Liu Jianyi has been appointed as an independent non-executive Director.
BLUE RIVER HLDG (00498) announced that Liu Jianyi has been appointed as the company's independent non-executive Director.
BLUE RIVER HLDG: 2024/2025 INTERIM REPORT
