Wallenius SOL snaps up UK ro-ro operator Mann Lines
PRESS RELEASE: Swedish shipowner Wallenius SOL, a 50% shareholder of ro-ro giant Wallenius Wilhelmsen, has ...
GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNING
GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNING
South Korea’s CJ Logistics is laying out $216m to take a 90% stake in US-based DSC Logistics. LBR Supply Chain reports the move is intended to bolster CJ’s presence in North America. President Keun Tae Park says his ambition is for the company to become a “market leader” in US logistics. And, as part of the agreement, he will retain DSC’s chief executive, Ann Drake, to serve as chair of the advisory board and maintain a minority ownership in the company.
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