In the clearest sign for a couple of years that it could be about to return to the mergers and acquisitions (M&A) trail, XPO Logistics today announced the appointment of Aris Kekedjian (pictured above) to its board.
Mr Kekedjian’s experience …

Employees at the former Panalpina headquarters in Basel that some 165 jobs could be lost as it relocates its corporate functions with DSV’s in Copenhagen, following the merger.
DSV Panalpina chief executive Jens Bjørn Andersen explained: “As we integrate Panalpina …

By the end of next year, 20-25% of the global containership fleet will be fitted with scrubbers, enabling them to consume cheaper heavy fuel oil (HFO) blends, predicts Alphaliner.
Moreover, it expects 2M alliance partners Maersk and MSC to have …

Port authorities need to “step up” and work together to improve data sharing for the benefit of the whole container supply chain, delegates at the TPM Asia conference in Shenzhen were told.
Following the launch of Rotterdam’s vessel call optimisation …

Shippers with sizeable volumes shipped under annual contracts should already be opening negotiations with their carriers for 2020, according to Drewry Supply Chain Advisers.
The reason is the continuing weakness of freight rates on the transpacific and Asia-North Europe container …

Lenders to grounded Jet Airways may have to partially write off outstanding debts if the airline is to be taken over.
Yesterday was the deadline for interested bidders to submit a final resolution plan.
There appear to be only two …

The latest trade war truce at the weekend is unlikely to reverse shipping lines’ increased coverage of South-east Asia or the trend towards trade regionalisation.
According to Alan Murphy, chief executive of Sea-Intelligence, the number of transpacific services calling at …