DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance from European monopolies regulators.
The €660m deal – the first in which a port operator has taken over a carrier – had been investigated by the European Commission’s competition department.
“The commission concluded that the proposed acquisition would raise no competition concerns, as it would have a limited impact on the structure of the markets for the provision of container terminals services and ...
European port congestion now at five-to-six days, and getting worse
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Comment on this article
Budha Majumdar
December 06, 2018 at 3:57 pm“the first in which a port operator has taken over a carrier”
Might Mersey Docks & Harbour Company’s acquisition of Coastal Container Line claim to be the first?