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Swire Shipping Cuts 200 Jobs By Erik Even  |  Dated: 06-22-2009
SwireSwire Shipping is cutting two global shipping routes and firing 200 staff, or 40% of its workforce.

The shipping line is ending the routes due to lower US and European business. The firm will focus on the Asia-Pacific.

The Swire Group is a transnational corporation headquartered in London, UK. It controls a range of wholly owned businesses, including deep-sea shipping, cold storage, road transport, and agricultural activities.

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