Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
The news that US Airways and American Airlines plan to merge will come as no surprise to airline industry watchers. Although American previously appeared to rebuff US Airways’ advances, those close to the carriers said instead that it was a bargaining ploy. Now, of course – well, when the transaction is completed in the third quarter (barring impediments) – the real work of integrating cargo operations will start, although it is possible that US Airways has more to learn from AA about the international freight business than the other way round. Does this mean that United, now far down the road of integration, will remain one step ahead? Or will the might of the new American be too much competition to take?
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
Indian trade disrupted as port congestion forces liner services to skip calls
Global airfreight volumes blooming as flower shipments take off
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