News in Brief Podcast | Week 51 | Airfreight peak, management shuffles and automation impasse
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
Nearly two years after issuing a request for investors, Seko Logistics has announced Ridgemont Equity Partners will become its new owner.
Ridgemont, already with logistics companies in its portfolio, including Worldwide Express, replaces Greenbriar Equity Group, which now becomes a minority investor in Seko.
In spring 2019, Seko began seeking a new investor after four years with Greenbriar as a key shareholder. In October, Greenbriar invested $500m in Uber Freight.
Ridgemont partners Rob Edwards and Tim Dillon said: “Ridgemont has known Seko for many ...
Maersk u-turn as port congestion increases across Northern Europe
Apple logistics chief Gal Dayan quits to join forwarding group
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
Houthis tell Trump they will end attacks on Red Sea shipping
Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
MSC revamps east-west network as alliance strategies on blanking vary
India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
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