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 ...
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We ended up with a $4.2bn cash offer from a carrier to buy one of its smaller peers in the past 24 hours after a weekend (and months) of talk and speculation, defying our base case outlined on 5 December.
Very cool.
Now the M&A aficionados joyfully have what they wanted, hoping of course that the richly valued, capex-light Zim bet by Germany’s Hapag-Lloyd goes through.
Oh, well
Stock market reaction pre-regular trade – as highlighted by DeskOne here today – certainly points to ...
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