OceanX: Lame ducks everywhere – tougher times call for greater confidence
…and bolt-on M&A bonanza
What a week again, the wheel just does not stop turning.
First and foremost, ZIM results were out: +11% volume growth for the quarter, +10.4% for the first half (well above our CTS benchmark at +7.1%).
Elsewhere, top of the pops: the DB Schenker sale took another (!!!) step forward, as final binding offers* have been submitted by the survivors in the auction… one from DSV and the other from a consortium led by private-equity shop CVC Capital ...
Back to work order sees Canadian ports reopen to a battle against backlogs
Gemini drops Felixstowe for London Gateway on Asia-Europe strings
Hapag-Lloyd reveals rotation changes to Asia-Europe CGX service
Delays at Mauritius transhipment hub spark box line congestion surcharges
US and Mexico intermodal traffic surge too much for railways to swallow?
MSC 'to offer feeder vessel' to get stranded Canadian cargo to its destination
US 'de minimis' rises its head again as shipments hit a billion a year
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