Forwarding M&A round-up: plenty of action making smaller headlines
DSV tends to claim the M&A headlines – and now all eyes are on the ...
Remember the billion-dollar DSV / Cuban lawsuit? A gloriously absurd, only-in-America, lawyer-enriching set of court cases in which DSV and partners have been accused of unlawfully using expropriated property for financial gain.
More simply put – DSV and its lines used a Cuban port which had been in the hands of North American Sugar Industries until the Cuban revolution, when the government reclaimed it.
Under a law then-president Trump re-introduced in 2019, US nationals with claims to confiscated property in Cuba can ...
WestJet will 'disrupt' Canada with three 737Fs, but rivals aren't scared
West coast ports suffering as US container imports plunge by 37%
Cost-cutting FedEx Express to retire MD-11s for B767s and 777s
The 'mother of all BAFs' looms for shippers as green targets advance
Carriers turn their gaze back to scrubbers as voyage results tumble
First shipper uses new land-air corridor ex-India for Bangladesh exports
Maersk idles more ships while NOOs see a rebound in demand
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
CMA CGM eyes car-carrier market boom as liners are ready to invest
DSV buys in Arizona to boost services and cross-border LatAm trade
Shippers advised to give strike-hit port of Hamburg a miss
The parcel empires strike back as smaller players take stock
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