DB Schenker sale – storm clouds gathering
Don’t look into the rear-view mirror
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?
WestJet will 'disrupt' Canada with three 737Fs, but rivals aren't scared
The 'mother of all BAFs' looms for shippers as green targets advance
First shipper uses new land-air corridor ex-India for Bangladesh exports
Carriers turn their gaze back to scrubbers as voyage results tumble
Maersk idles more ships while NOOs see a rebound in demand
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
The parcel empires strike back as smaller players take stock
Forwarding M&A round-up: plenty of action making smaller headlines
Shippers advised to give strike-hit port of Hamburg a miss
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
Retailers warn of challenging orderbooks amid continued high inventory
Comment on this article