Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
As it seeks to diversify its asset base, Qatar Airways has announced it has agreed to acquire a 10% stake in Hong Kong’s Cathay Pacific for around $600m. On the one hand, the move follows Qatar’s aborted attempt to buy a similar-sized stake in American Airlines, while for Cathay it ought to bring access to funds as it seeks to protect itself against growing competition from Chinese and other Asian carriers snapping at its heels, especially in the cargo business.
The rise and rise of China's ecommerce platforms
DSV chief reticent on Schenker: the focus on growing market share
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Boxes piling into Mexican ports – but then piling up
Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
K+N looks past Q1 revenue drop to improved margins from restructure
Comment on this article