A sale of Hambürg Sud would end a year of intense consolidation in the liner shipping industry, with Maersk Line and now CMA CGM reportedly interested in buying the German carrier.
17 Jul 2015
There was plenty of “no comment” but no outright denials following reports that Singapore’s Neptune Orient Lines (NOL) was up for sale, suggesting that the carrier could very much be on the block.
08 Jul 2015
One of the world’s largest air cargo handler Worldwide Flight Services has announced plans to acquire a majority stake in the German Fraport Cargo Services, further expanding its reach into the European market.
07 Jul 2015
HHLA, Hamburg’s largest container stevedore, forecast a “moderate” decline in traffic in 2015 but stuck to its earnings forecast thanks to increased intermodal volumes.
25 Jun 2015
The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.
- Page 5