Trend for vertical integration may not be right for multimodal transport
Carriers and shippers with ambitions to be integrators looking to “take the forwarder out” of ...
China’s BYD, the world’s largest electric vehicle maker, has signed an agreement with South Korean pure car and truck carrier (PCTC) and forwarder Hyundai Glovis.
They will cooperate on moving some of Hyundai Motor’s (Glovis’ parent) vehicles on BYD’s controlled PCTC vessel, the 7,000 ceu BYD ...

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