Texel Air Australasia flies for Team Global Express
Logistics operator Team Global Express has partnered with Texel Air Australasia to operate four 737-800BCFs ...
All eyes are on Japan today as the ageing country slipped into technical recession, while a very hot near-U$6bn deal, priced at whopping multiples, was disclosed in the semiconductor space.
(Click to expand DeskOne’s snapshot below.)
A brave Japanese U$31bn-market-cap behemoth, Renesas Electronics Corp, whose stock trades at just 8x forward Ebitda, went for a rather expensive cross-border transaction, targeting Australia.
Seen it before?
Sort of, sure.
In our little Premium pond, pricey inbound M&A down under is nothing new from the Land of the ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article