'Opportunistic' takeover bid for UK Royal Mail rebuffed
UK Royal Mail holding company IDS has rejected an “opportunistic” takeover offer by Czech billionaire ...
News of the $1.8bn* acquisition of US trucking firm Pilot Freight Services accompanied another record-breaking set of annual results from AP Møller-Mærsk (APMM) this morning, as widely expected.
(*The transaction price, APMM noted, is $1.68bn equivalent to an enterprise value of $1.8bn post IFRS-16 lease liabilities.)
Pilot operates in the first, middle and last mile road freight markets in the US and North America cross-border operations, specialises in the big and bulky B2B and B2C deliveries and is being acquired from private ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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