New owner installs new management team at Seko Logistics
Seko Logistics has revealed it has a new majority owner following recapitalisation, and it has ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
Fascinating story by Lloyd’s List’s Asia team on the pseudo-feudal factionalism at Taiwanese transport conglomerate Evergreen, following the recent death of founder Chang Yung-fa. According to reports, Dr Chang had left a handwritten will naming Chang Kuo-wei, his only son from his second marriage and current Eva Air chairman, as group chairman of the conglomerate. It added that vice group chairman Bronson Hsieh, who has been the public face of the line for the past few years, should remain in his position. But all that has been cast into doubt his week when it emerged that his three sons from his first marriage are disputing the will and have scrapped the chairmanship role altogether: “The legendary shipping figure apparently did not provide sufficient legal grounds for the son to enforce his will, allowing his other sons to launch the latest counter-attack.”
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