Port privatisation off, but Santos STS10 terminal concession will be up for grabs
Brazil’s Ministry for Ports and Airports has decided to expand the container handling capacity of ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
CH Robinson has acquired Colombian and Spanish forwarder The Space Cargo. According to Freightwaves, the US outfit paid some $48m for the company, which brought in $84m last year. Alongside seven offices across Spain it has one in Colombia. The report suggests the move is partly intended to bolster CH Robinson’s transatlantic operations, and comes two years after its $225m purchase of Australian forwarder APC Logistics to consolidate transpacific forwarding.
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Air cargo market enjoys some calm before an expected Q4 storm
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