MSC and CMA CGM gobble up capacity from non-operators
Don’t forget those intra-regionals…
Early week musings are always intriguing.
Where to start today is simple: trying to put things and thoughts in order*, the M&A agenda that a senior forwarder shared with me on April Fool’s Day immediately sprang to my mind.
(*Just as earnings season this week soon takes over with UPS, Kuehne + Nagel, DSV and CH Robinson.)
It spanned:
1. Ceva to buy Geodis/Bolloré Logistics (note: confirmed, pending agreement)
2. Nippon Express to announce Vienna’s cargo-partner buy (am working on it, more rumours doing the ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article
Yashiv Nawaz
April 24, 2023 at 1:43 pmPerhaps this is the Dachser deal that was referred to: https://www.dachser.com/en/mediaroom/DACHSER-acquisition-in-Australia-and-New-Zealand-20998?bookmarked=false
Alessandro Pasetti
April 24, 2023 at 2:59 pmThanks for your comment. No it’s not the one, it was public already at the time as acknowledged in our previous coverage (see relevant hyperlink). Here: https://theloadstar.com/dachsers-ma-in-air-and-ocean-freight-how-serious-is-that/