Comment / NYK integrator dream goes astray – yet Mærsk is a different play

dreamstime_xs_75530423

© Peshkova |

By Alex Lennane

09/03/2023

NYK Line’s admission this week that it could not make a multimodal integrated logistics company work has refocused the industry’s eyes on Mærsk.

As it announced the proposed sale of 15-freighter strong, 45-year old Nippon Cargo Airlines (NCA) to compatriot All Nippon Airways, NYK revealed: “NYK has been involved in the management of NCA as a major shareholder since its establishment, and in 2010, NYK acquired all of the […] shares of NCA with the aim of becoming a comprehensive logistics ...

Comment on this article

You must be logged in to post a comment.

Topics

All Nippon Airways AP Moller - Maersk CMA CGM CMA CGM Air Cargo integrated logistics Maersk Air Cargo Nippon Cargo Airlines NYK Line APM Terminals ICTSI In the dock Port of Durban The privatisation pill Transnet

Most read news

Etail by air – here to stay or on a short shelf life?

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

The rise and rise of China's ecommerce platforms

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline

Cargo flows through Dubai delayed by flooding, with 300 flights cancelled

Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali

Another strong month for US ports as container flows continue to rise

MSC redeploys 'Israel-linked' box ships away from Persian Gulf

Forwarders: can an airline do without them? An age-old debate airs

Evergreen clients signing transpac contracts as Red Sea crisis props up rates

DSV chief reticent on Schenker: the focus on growing market share

WSC asks US court to order FMC to correct 'inconsistent' new D&D rules

Boxes piling into Mexican ports – but then piling up

K+N looks past Q1 revenue drop to improved margins from restructure