Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
Debt-laden HNA Group’s efforts to shift air cargo handler Swissport from its books appear to have moved forward. Bloomberg, citing “people familiar” with the matter, claims Canadian asset manager Brookfield has emerged as the preferred bidder. Should the deal go ahead, Bloomberg says, this would be the Chinese conglomerate’s biggest disposal since unloading Hilton Worldwide in April. Alongside handling services, Swissport also provides ticketing, cabin cleaning and aircraft maintenance. The report suggests the deal could amount to as much as $3bn.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
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