Schenker race...Mærsk out – in the name of synergies, or the lack thereof
DSV in pole, the bulls argue
On Monday, quickly sifting through the 99,999-plus-unread-emails in my inbox (screen grab below) I thought: the M&A binge outside logistics looks so good and widespread, anyway, that something must be fundamentally broken but we’ll soon have our ’glory days’ in supply chain.
Ohhh, if grandma was still around.
Then
Tuesday came with the MSC/BAL asset-based €5.7bn announcement and today we were incredibly pleased to find out, given the M&A news flow, that AP Møller-Mærsk (APMM) – which disclosed its much-awaited deal in ...
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
UPS finally manages to sell freight brokerage arm Coyote Logistics
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