Real test of Gemini hub and spoke model yet to come, says Maersk
Early signs may be positive for the Gemini Cooperation’s “hub and spoke” model, but head ...
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By Alex Lennane
Some 1,300 jobs are expected to be lost as Hapag-Lloyd completes its merger with UASC, the shipping line said this week. That’s about 12% of its nearly 11,000-strong workforce – although 2,100 sea-based jobs are safe. The integration process will begin in about eight weeks, and finalised by the end of the third quarter. Reuters has the story.
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