Mr Market votes on 'better vs bigger' in forwarding
The latest ‘Blue Queen vs Pink Lady’ episode is out
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 ...
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
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/