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 ...
Great catch by a couple of my sources in the investor community this week.
While the CMA CGM tender for the reminder of CEVA Logistics shares it didn’t already own in mid-March (~ 10%) ended earlier this week – last month it said the additional offer period commenced on 20 March and was expected to close on 2 April – the latest events on the stock market testify to corporate activity in logistics that has attracted all sorts of investors…
(Source ...
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