US cold chain operator Lineage Logistics is set to enter the Australasian market after agreeing to acquire Emergent Cold for an undisclosed amount.
The deal will bring together two players that have been highly active in M&A in the perishables …
Interesting companion piece, from FreightWaves, to today’s news that Soren Toft is moving from Maersk Line to become chief executive at MSC, its 2M partner but also one of its fiercest competitors. The current orderbook suggests that MSC will close …
The world’s second largest shipping line MSC has confirmed that former Maersk chief operating officer Soren Toft is to be its new chief executive.
The announcement yesterday confirmed widespread rumours that Mr Toft was leaving Maersk to join one of …
The US Postal Service (USPS) loses so much money, so predictably that you get the impression that many journalists just churn out last year’s story with the dates and numbers tweaked a little.
Perish the thought.
Yet the numbers are …
The IMO has decided on a goal-setting approach by member states to decarbonise shipping, rather than progress the proposals put forward by some members for a mandatory speed reduction on vessels.
The strategy, decided last week in London, not to …
Cash-rich Kerry Logistics has taken another step in its ambitious growth plans, acquiring one of Turkey’s top air freight forwarders.
In a deal revealed by Loadstar Premium in June to buy Asav Lojistik Hizmetleri Anonim Sirketi (ASAV), Kerry has expanded …
A bidding war for UK haulier Eddie Stobart Logistics appeared to be breaking out this week after potential acquirer Wincanton called on Eddie Stobart shareholders to reject last week’s offer for the company by an investment fund.
On Friday – …
