M&A landscape: nothing chunky to buy, lots to break up
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XOM: INCOME PLAYSTLA: BOUNCING FROM LOWSCHRW: A SLEW OF UPGRADES MAERSK: MOMENTUMAAPL: BOOOOMMMAMZN: CONF CALL TRANSCRIPT SCREENING ZIM: MAERSK BOOST DHL: SHRUGGING OFF CYBER TROUBLE SO FARGXO: WINCANTON RISK HEIGHTENSGXO: REMARKS THAT WERE NOT LIKEDMAERSK: SURGINGMAERSK: CLIENTS NOT EXPECTED TO PAY MORE FOR GEMINIMAERSK: NO GXO APPETITEMAERSK: 'NOT FULLY SATISFIED YET' MAERSK: 'GEMINI DESIGN' MAERSK: GEMINI NETWORK MOVING PARTSMAERSK: CAPITAL RETURNSMAERSK: CONSOLIDATION ON THE RADARMAERSK: CONF CALL
XOM: INCOME PLAYSTLA: BOUNCING FROM LOWSCHRW: A SLEW OF UPGRADES MAERSK: MOMENTUMAAPL: BOOOOMMMAMZN: CONF CALL TRANSCRIPT SCREENING ZIM: MAERSK BOOST DHL: SHRUGGING OFF CYBER TROUBLE SO FARGXO: WINCANTON RISK HEIGHTENSGXO: REMARKS THAT WERE NOT LIKEDMAERSK: SURGINGMAERSK: CLIENTS NOT EXPECTED TO PAY MORE FOR GEMINIMAERSK: NO GXO APPETITEMAERSK: 'NOT FULLY SATISFIED YET' MAERSK: 'GEMINI DESIGN' MAERSK: GEMINI NETWORK MOVING PARTSMAERSK: CAPITAL RETURNSMAERSK: CONSOLIDATION ON THE RADARMAERSK: CONF CALL
PRESS RELEASE: NOVEMBER 5, 2019
Global Supply Chain provider GEODIS has launched its full cargo service from Hong Kong to Guadalajara, Mexico. This new weekly service has a 22-hour real-time transit to the Mexican hub.
Operated by a chartered B747-400ERF and MD-11 F aircrafts , AirDirect Mexico represents a completely new, nonstop service in the market, providing GEODIS’ customers with a highly reliable solution and secured capacity, in addition to GEODIS’ other air cargo services, AirFast, AirFlex and AirSave.
Commenting on the new service, GEODIS’ Executive Vice President for Freight Forwarding, Eric Martin-Neuville says, “We have been encouraged by the initial bookings that we have received for our inaugural flight and expect these to rise to a threshold volume where a second, and eventually, a third flight per week, will be established.”
GEODIS’ own and direct flight service between Hong Kong and Mexico also represents one of many initiatives that are being introduced to the market as part of a regional, multimodal growth strategy. “AirDirect Mexico follows the recent launch of our Road Network service in South Asia, providing scheduled services with day-definite transit times to all major destinations in the region”, explains Onno Boots, GEODIS’ Regional President and CEO for Asia Pacific. “As part of this growth strategy, Hong Kong is GEODIS’ hub for China and Southeast Asia originated cargoes to Mexico, Latin America, USA and Europe.”
Robert M. Krautheim, Regional Head of Sales for Freight Forwarding in the Americas adds, “GEODIS consistency combined with access to premier wide-body aircraft cargo capacity means our clients will enjoy better lead times and a reliable supply chain for dangerous goods, lithium batteries, and general cargo.”
AirDirect Mexico is the newest example of how GEODIS continues to offer its customers a truly integrated, end-to-end supply chain solution with focus on day-definite and reliable transit times, complemented by the Road Network services in Asia and on-carriage solutions in Mexico, including daily scheduled intra-Mexican deliveries to all locations in the country. GEODIS continues to be a leader in innovation by finding new ways to serve customers globally. This new service will ensure just-in-time service and space commitment through an Own Controlled Network (OCN) allowing GEODIS’ customers to meet and exceed their consumers’ expectations.
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