Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
Maersk Line appears to be continuing its process of vertical consolidation, admitting it is on the hunt for forwarding acquisitions in Latin America.
Lars Nielsen, Maersk Line chief executive for Latin America & the Caribbean, told delegates at last week’s TOC Americas Container Supply Chain event in Cartagena: “We haven’t so far invested in any Latin American start-ups, but we have been looking at Brazil, where there are some digital-first freight forwarders that are using artificial intelligence – so it is very ...
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