'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
© Rolandm
By Alex Lennane
Maersk has taken another step towards offering a complete logistics service, as the lines between carriers and forwarders continue to blur.
The news came as CMA CGM made a public tender offer on Tuesday of Sfr30 for the remaining 49.4% of Ceva Logistics it does not already own, making it a $1.65bn deal, which has been approved by the European Commission.
The Danish shipping line announced yesterday it had acquired Vandegrift, a US customs house brokerage (CHB) with 12 offices, headquartered in ...
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