DP World and Evyapport merge Izmit terminals
Turkish competition regulators have given the green light for DP World’s Yarimca terminal to merge ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
There’s a new behemoth on the block. Triton Container International and TAL International are to merge, to form the biggest intermodal container lessor. It will remain under the Triton name, and Triton’s shareholders will hold 55% of the equity. Together, they will operate a container fleet of some 4.8m teu and expect to find $40m in annual synergies by the end of 2016. If the merger fails, TAL will have to pay Triton a $19.5m termination fee, while, depending on the circumstances, Triton may have to pay a $65m fee.
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