JOC: MSC's Medlog set to take over US intermodal provider COFC Logistics
JOC reports: “A subsidiary of Mediterranean Shipping Co. (MSC) has agreed in principle to acquire a ...
Two events occurred late last week that had the effect of further strengthening MSC’s control over North Europe’s container supply chains and presented a snapshot of an ocean/road/rail trans-European transport network well under construction.
The first was the decision by Ukraine’s competition regulator to greenlight MSC’s purchase of a 49.9% stake in Hamburg terminal and intermodal operator HHLA, which was the final regulatory clearance required for the acquisition and necessary due to HHLA’s operation of the container terminal in Odessa.
The second ...
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