HutchWatch: Beijing's ire and Singapore's dilemma
More to come…
The UK container haulage sector is set for a shake-up after it was announced today that MSC’s overland subsidiary, Medlog, has acquired the country’s largest haulier, Maritime Transport.
The price of the acquisition remained undisclosed, but according to Maritime Transport parent Maritime Group’s latest filings with Companies House, the haulier posted a turnover of £404m ($530m) in its latest financial year, ending 31 December 2023.
Operating profit [Ebit] for the period was just over £20m, and Loadstar Premium’s DeskOne head, Alessandro Pasetti, ...
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