Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
MSC’s surprise last-minute €5.7bn bid to acquire Bolloré Africa Logistics from under the noses of its ocean carrier rivals represents a change of direction for the Aponte family business.
Hitherto, MSC has relied on organic growth to rise to the top of the container line rankings, and has shied away from large-scale involvement in logistics in its role as the self-appointed liner ‘darling’ of the freight forwarding sector.
It is thought, however, that the company is eyeing Bolloré’s port portfolio as the ...
European port congestion now at five-to-six days, and getting worse
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