BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
What a week.
Bar the football ecstasy, while pushing back a deeper review of the awesome Imperial Logistics offer by DP World – it’s a +39.5% premium, but not overly opportunistic; I’d wait a bit to call it a win-win, but it looks an $890m win-win – and the three top forwarders worldwide have all given signs of life. Differently from each other but, by pure coincidence, within days or hours one from the other.
It’s not just what was said or ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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