DP World and Evyapport merge Izmit terminals
Turkish competition regulators have given the green light for DP World’s Yarimca terminal to merge ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
According to shippers interviewed by Splash24/7, in the days before the China Shipping-Cosco merger, the former carrier was renowned for high levels of customer service, and the latter not. Unfortunately, the merger, which saw CSCL’s container shipping business effectively taken over by Cosco (leaving it as a bulk carrier and ship finance operation), has meant that Cosco’s culture became dominant, and shippers are beginning to vote with their feet. “Cosco appears to have completely mishandled CSCL staff and equipment integration,” one veteran observer told the publication.
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