'Mærsk-quits-Schenker' effect? Short-lived!
Sneak peek mode on
On Monday, the day before Deutsche Post DHL (DP DHL) announced its takeover of JF Hillebrand Group (JFH), valuing the target’s equity at €1.5bn ($1.8bn), I swiftly brainstormed on German M&A, among other things, with a senior deal-maker.
This guy is laser-focused on logistics and isn’t generally impressed by the speed at which state-owned firms in mighty Deutschland act in M&A. And, a couple of years ago, talking about JFH as a takeover candidate, he doubted “[JFH] would join forces with ...
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Forwarders 'being squeezed' as spot and contract rates move further apart
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
US imports still rising – 'strongest performance since the pandemic'
Red Sea crisis dictates container fleet capacity trends
Airlines add transpac capacity as flood of ecommerce traffic continues
MSC to launch Europe-Asia-North America service
Kuehne + Nagel restructure – 'Paul was the one with the guts to do it'
Freighter aircraft: 'we are on the cusp of major change in large widebodies'
Indian importers turning to bulkers as box line capacity falters
Shipper fears resurface as Canadian rail workers renew vote for strike
Former Flexport/Amazon execs launch tech start-up for forwarders
Schenker race...Mærsk out – in the name of synergies, or the lack thereof
News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
Comment on this article