Schenker race...Mærsk out – in the name of synergies, or the lack thereof
DSV in pole, the bulls argue
FWRD: LEADERSHIP UPDATEAMZN: A TOP PICK KNIN: GOING WITH THE FLOWDSV: RISINGMAERSK: SOARINGMAERSK: HOLDING MSS DISPOSALWMT: FOCUS ON COREUPS: STAFF CUTSGM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTED
FWRD: LEADERSHIP UPDATEAMZN: A TOP PICK KNIN: GOING WITH THE FLOWDSV: RISINGMAERSK: SOARINGMAERSK: HOLDING MSS DISPOSALWMT: FOCUS ON COREUPS: STAFF CUTSGM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTED
CNBC reports:
Walmart said it’s teaming up with Microsoft in a bid for TikTok.
The retail giant confirmed to CNBC that it’s interested in buying the tech company.
TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal that’s likely to be in the $20 billion to $30 billion range, sources say. With Walmart’s confirmation, it joins several others bidding on the tech company, including Oracle.
In a statement, the big-box retailer said TikTok’s integration of e-commerce and advertising “is a clear benefit to creators and users in those markets.”
To read the full post, please click here.
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Forwarders 'being squeezed' as spot and contract rates move further apart
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Shipper fears resurface as Canadian rail workers renew vote for strike
Container futures trading trend suggests no end to Red Sea crisis this year
Red Sea crisis dictates container fleet capacity trends
Freighter aircraft: 'we are on the cusp of major change in large widebodies'
Airlines add transpac capacity as flood of ecommerce traffic continues
MSC to launch Europe-Asia-North America service
Kuehne + Nagel restructure – 'Paul was the one with the guts to do it'
Indian importers turning to bulkers as box line capacity falters
Former Flexport/Amazon execs launch tech start-up for forwarders
Ceva restructures as it integrates Bolloré – but will 'no job losses' pledge hold?
Schenker race...Mærsk out – in the name of synergies, or the lack thereof
Air freight 'set for a turbulent summer' – but is it dependent on ocean failing?
Liner schedule reliability improving, but late ships are arriving even later
Comment on this article