Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
It now appears to be official – prompted by the central government in Beijing, China’s two major container lines are planning a merger following several torrid years of severe financial losses. It will not be an easy process however, given the wide portfolios of the two conglomerates, as well as the fact that they have very similar asset profiles and one analyst predicted it could take over two years. That said, trading in their respective shares has now been suspended on China’s bourses.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
Cargo flows through Dubai delayed by flooding, with 300 flights cancelled
Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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