Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
Early week musings are always intriguing.
Where to start today is simple: trying to put things and thoughts in order*, the M&A agenda that a senior forwarder shared with me on April Fool’s Day immediately sprang to my mind.
(*Just as earnings season this week soon takes over with UPS, Kuehne + Nagel, DSV and CH Robinson.)
It spanned:
1. Ceva to buy Geodis/Bolloré Logistics (note: confirmed, pending agreement)
2. Nippon Express to announce Vienna’s cargo-partner buy (am working on it, more rumours doing the ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article
Yashiv Nawaz
April 24, 2023 at 1:43 pmPerhaps this is the Dachser deal that was referred to: https://www.dachser.com/en/mediaroom/DACHSER-acquisition-in-Australia-and-New-Zealand-20998?bookmarked=false
Alessandro Pasetti
April 24, 2023 at 2:59 pmThanks for your comment. No it’s not the one, it was public already at the time as acknowledged in our previous coverage (see relevant hyperlink). Here: https://theloadstar.com/dachsers-ma-in-air-and-ocean-freight-how-serious-is-that/