Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
© Piotr Trojanowski
There is a deal between two major US-based asset-light transport firms, each worth just over $12bn, that could be so compelling it would overshadow any other tie-ups I have envisioned this year.
It is even more appealing on paper: in fact, and perhaps more strategic than DSV + XPO Logistics and Kuehne + Nagel + Ceva, let alone CMA CGM + Ceva, in this environment.
It is a huge merger of equals, where one of the two companies possibly involved, CH Robinson ...
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