DB Schenker sale could crown a new king of air and sea freight logistics
No matter which of the three most likely buyers that might end up acquiring DB Schenker, the buyer will become the world’s leading logistics firm within air and sea freight. DSV, Deutsche Post, and Kuehne + Nagel are still leading the pack, according to Bernstein. Maersk has the necessary capital but is not likely to buy.
The European Community Shipowners’ Associations echoes the criticism from national associations regarding the Norwegian law proposal on seafarers’ pay and working conditions. The proposed law seems to overstep several international laws, according to the organization.
The Covid-19 pandemic and supply chain chaos have made Türkiye a more attractive site of production, prompting hectic activity for freight forwarders and carriers: ”Our customers are investing heavily in equipment,” says DFDS head to ShippingWatch.
Shippers and carriers are increasingly moving ships away from Californian ports, which are having problems with container pile-ups and looming strikes. This means that the title of busiest port in the US has moved eastward.