Allan Melgaard, chief executive officer at Scan Global Logistics | Foto: Scan Global

Scan Global promises female board members after ownership transfer

The expanding Danish logistics company has no female board members and only recently hired its first female executive member. Unsatisfactory, CEO admits, promising changes in short time.

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The conditions for making larger acquisitions are currently not good, DSV's chair, Thomas Plenborg, believes. | Foto: PR / DSV

DSV chairman downplays interest in DB Schenker: "It's not as simple as just buying another company"

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CK Hutchison looking to expand ports in several countries

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Foto: Toby Melville/Reuters/Ritzau Scanpix

Logistics companies see opportunities in UK two years after Brexit

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Analysts: There is risk of prolonged downturn for carriers

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Foto: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix

The Suez Canal breaks record for single-day vessel registration

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DSV hit by massive claim from retail chain in Denmark
Flying Tiger Copenhagen is now revealing the size of its claim against DSV in a court case that emerged during the pandemic’s logistics chaos.
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Grain agreement in Black Sea extended: Parties disagree on extension length
Russia says grain export via the Black Sea is prolonged by 60 days. Ukraine says 120 days.
Companies predict new trade patterns and increased global uncertainty
Africa will have an important role in globalization in coming years, predict the chief executives from Kuehne +Nagel, Hapag-Lloyd and BASF.
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Maersk opens first freight route to Ukraine since war began
Maersk-subsidiary Sealand will send a weekly vessel to the Ukrainian port city of Reni.
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Larger storage facilities constitute dilemma at German chemicals group
BASF continues marked Chinese expansion despite great financial losses in Russia, while other companies are trying to decrease their dependencies on China.
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Japanese shipping group aims to expand in containers and logistics
In a new strategy, owner of shipping company ONE maintains that the group will pursue growth in developing nations as demand for transportation of goods increase. Consolidation is part of the plan.
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Owner said to have tapped banks to lead divestment of DB Schenker
A German bank and two from the US are most likely to be given the task of divesting the subsidiary, multiple media write.
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Lackluster economy will put pressure on DHL's earnings
The company maintains it still expects results well over the levels found during pandemic.
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Kuehne + Nagel focuses on one major acquisition instead of several lesser ones
The world’s largest forwarding agent will spend the coming years on on further expansions, especially in sea freight. Here, 15 markets are of interest.
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Company exodus from China could spell problems for box carriers
Box carriers are going to have to sail more routes and to smaller ports as business customers spread their production to more countries.
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Japanese NYK divests its airliner
While several major shipping groups are adding air freight to their portfolios, Japanese NYK is divesting its share in Nippon Cargo Airlines.
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Massive shareholder payouts on the way from shipping companies
Around DKK 80bn will be sent to Maersk’s shareholders in dividends, while other Danish companies are also transferring large amounts to investors.
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The Federal Reserve: Global supply chains are back to normal
According to the US Federal Reserve Bank of New York, the pressure on global supply chains has dwindled to its lowest level since 1989.
Ensuring green transition includes a personal element for many CEOs
The chief executives of MSC, CMA CGM, Kuehne + Nagel, and ONE have children, and they sharpen the bosses’ resolve to avoid climate change catastrophes.
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Türkiye trying to prolong agreement on Ukraine's grain corridor
The corridor has secured grain exports from Ukrainian ports since Aug. 1. Türkiye is trying to prolong the agreement, which is set to end on Mar. 18, while Russia demands consideration for Russian export.
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Opinion: Shipping is fast becoming digital – but forget about disruption
Carriers have become much more digital. But the fear of a sudden change coming from the outside is unfounded, writes Lars Jensen.
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Hapag-Lloyd sends large chunk of profit into Hamburg city coffers
A large portion of Hapag-Lloyd’s billion-dollar profit ends up with the city state of Hamburg, even though the carrier benefits from low taxation.
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Kuehne + Nagel rejects notion of carriers representing a threat
Kuehne + Nagel keeps an eye fixed on carriers such as Maersk that are moving into logistics. However, the Swiss major’s CEO doesn’t think carriers able to compete with freight forwarders in one area.
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Retail majors top list of largest CO2 polluters within ocean freight
18 companies are responsible for emissions of several million tonnes of greenhouse gases when bringing home goods aboard container ships.
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Analyst predicts future merger of two container majors
Hapag-Lloyd and ONE are heading towards an inevitable merger in two to three years in the wake of disbanded container alliances, Lars Jensen forecasts.
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