dreamstime_s_93075064
Photo 93075064 © Sawitri Khromkrathok | Dreamstime.com

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 ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.