Forwarders eye growth via M&A as deal activity builds
M&A is expected to increase among the fragmented forwarding sector this year, with several companies ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
And so another week on the rollercoaster ride of container shipping begins with the breaking news that the three-month long merger talks between German shipping lines Hapag-Lloyd and Hamburg Sud have come to naught. A statement from Hapag-Lloyd’s majority owners, the Albert Ballin consortium, led by Kuehne + Nagel chairman Klaus-Michael Kuehne, said that the two companies had been unable to agree terms, and Hamburg-Sud owner, the Oetker family, had asked for negotiations to be abandoned. Will Hapag-Lloyd now embark on its trail towards an IPO?
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Canada and Mexico get cosy with trade plan to bypass US
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Tradelanes: Overcapacity on Asia-S America impacting alliances and rates
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