Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
Responding to a Wall Street Journal report on Friday that its major shareholder, Temasek Holdings, has invited offers for its 65% stake, Singapore’s Neptune Orient Lines said yesterday it had made no firm decision, one way or another. “The company is focused on returning its core liner business to sustainable growth and profitability.” However NOL’s share price rose sharply today as speculation about a possible sale grew.
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
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