Control of Wilson Sons could boost MSC dominance in Brazil
MSC’s acquisition of Brazilian operator Wilson Sons has raised eyebrows among forwarders in the region, ...
Friday 17 November was another record day for Brazil’s Wilson Sons, its stock reaching a new record of BRL15.45 ($3.11), for a market cap of about $1.4bn.
While, incidentally, neighbour Argentina is going through an identity crisis, as proven by the results of the presidential elections*, ’Brazil + shipping’ is very much attractive, for two reasons.
(*In this respect: CH Robinson was fast to leave Argentina, in future exploiting forwarding agents ties in the country; the US-based 3PL and Denmark’s Maersk were both ...
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