M&A landscape: nothing chunky to buy, lots to break up
Inspired by the bear, threatened by the bull or vice versa?
However, the game plan, stewardship and direction of its non-core Supply Chain Solutions* (SCS) business – which ranks just outside the top 10 global logistics providers by air and ocean sales, according to Transport Intelligence – aren’t exactly clear-cut, it seems.
Indeed, they are now being severely questioned, given management changes, according to sources.
(*Reminder: SCS includes a spate of divisions, most notably Forwarding, Logistics, Marken, Coyote, UPS Mail Innovations, as well as other businesses such as the UPS Store, UPS Capital, Roadie and ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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