CMA CGM Air Cargo eyes expansion with bid for Air Belgium
CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch ...
It’s big news that will shock no one. Some two years after DSV leapt into the list of forwarding superstars with its bold acquisition of Panalpina, it is now adding some $4bn to annual revenues with the acquisition of Agility’s Global Integrated Logistics (GIL).
It’s a new twist in an old tale: you may remember March 2019 when Panalpina’s shareholders flirted with the “fantastical” idea of buying Agility, instead of being folded into DSV, helpfully raising the Danes’ price in the ...
Semiconductors could compensate for air freight's lost ecommerce traffic
'It’s healthy competition' Maersk tells forwarders bidding for same business
Transpacific sees first major MSC blanks as rates fall and volumes falter
'Weakened' Maersk paying a heavy price for its lack of fleet growth
US shippers slam USTR port fee plan – 'an apocalypse for trade'
Opposition builds for final hearing on US plan to tax Chinese box ship calls
Despite sourcing shifts, 'don't write-off China', says CMA CGM CCO
Calling all shippers!
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