Svitzer skyrockets as Mærsk family squeezes out minorities
Implications for APMM?
The latest bolt-on deal announced by Kerry Logistics Network out of Hong Kong is meaningful for a few reasons.
For one thing, and most importantly for Premium, it places the spotlight on a larger acquisition targeting another forwarder focused on the transpacific trade, as Kerry’s target, The Topocean Group, is.
Check out our “Who’s next?” coverage from last month, and Honour Lane Shipping (HLS), also from Hong Kong, has been reportedly looking for a buyer for long enough for it to happen ...
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Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Response to tariffs by Chinese importers may see extra costs for US shippers
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
FedEx and UPS add 'China fee' ahead of the end of de minimis
Carriers warn of delays as congestion increases at North Europe's ports
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