OceanX: All eyes on ILA strike as rates continue to drop and China regains pride
It’s hot out there
And there it was on Friday finally, the big announcement that DB Schenker will be acquired by DSV for €14.3bn, the deal likely taking effect in Q2 ’25.
The race to hire good Schenker people is on.
And everyone else should also be happy, as the transaction – pending various approvals – shakes up the market and makes people think about who their service provider is, how they are feeling with them, etc etc etc.
Thus a ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
Airlines begin to circle 'cargo game-changing' Navi Mumbai Airport
Union members on DB board set to vote against DSV sale
Gemini's outdated hub-and spoke strategy will prove 'ineffective'
MSC vessel to omit US east coast calls for Halifax on inducement
Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
Comment on this article