MSC places bid for Brazilian carrier
MSC has placed a bid for Brazilian carrier Log-In Logistica, with the aim of taking over 67 percent of its shares.
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MSC has placed a bid for Brazilian carrier Log-In Logistica, with the aim of taking over 67 percent of its shares.
As one of the major US importers, Ikea shares part of the responsibility for carbons emissions from the container fleet, as established by a recent report. Sea freight is important for our carbon plans, Ikea tells ShippingWatch.
The takeover of Canadian freight forwarder Freightway International marks Blue Water Shipping's entry to the Canadian market for reefer transport. The Danish transport and logistics company eyes further expansion in the country.
Global retailer chain H&M Group will not exclude any fuels when picking ocean freight. To meet its overall 2030 goals, supply chain emission cuts are essential, the company tells ShippingWatch.
The acquisition of Dutch HSF Logistics must drive growth beyond the current DKK 8 billion revenue at DFDS' logistics division, CEO Torben Carlsen tells ShippingWatch. Another logistics acquisition has been announced.
CMA CGM is not alone in trying to put the brakes on the galloping spot rates in the container market. Hapag-Lloyd is doing the same. The moves are in effect aimed at nursing their loyal customers, according to one assessment. Meanwhile, ONE maintains its pricing policy.
French CMA CGM has agreed with Abu Dhabi's AD Ports Group on a multi-million dollar investment in a new container terminal at the desert state's Khalifa Port.
Scan Global Logistics recently completed its sixth acquisition this year, and the company already expects to land another agreement within four to six weeks, the CEO tells ShippingWatch.
Scan Global Logistics is taking over New Zealand freight forwarder Orbis Global Logistics, marking its sixth acquisition this year. Updated.
Scan Global Logistics' revenue rose 50 percent in the first half of the year. Despite rising costs, the logistics company upgrades its full-year forecast. Bond loans of DKK 1.1 billion are in place for additional acquisitions.
Logistics company NTG projects higher revenue and earnings in 2021, prompting the company to raise its guidance for the third time this year.
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Covid-19 restrictions and quarantine requirements are increasingly disrupting the logistics market in South East Asian ports and airports, writes Transport Intelligence.
ShippingWatch has asked Maersk whether the carrier still finds it realistic to attain schedule reliability of 85-90 percent in 2021 as previously announced by CEO Søren Skou. Read the answer in this article, which is a modified version of a previous article on the matter.
ShippingWatch has asked Maersk whether the carrier still finds it realistic to attain schedule reliability of 85-90 percent in 2021 as previously announced by CEO Søren Skou. Read the answer in this article, which is a modified version of a previous article on the matter.
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