Box lines – billions ready to burn in market share fights
…rather than M&A
Our marketplace is abuzz with vertical consolidation talk. As asset-light and asset-heavy seem destined to mingle or, at worst, work more closely in air and ocean freight, the household name that always spurs the imagination is Klaus-Michael Kuehne.
Whom, at the moment, is probably more interested in a quick ending of the ITA Airways €1bn (or so, enterprise value) sale affair than anything else, I’d argue, with the respective, unsatisfied bosses of MSC and foreign partner Lufthansa* – Gianluigi Aponte and ...
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