“It is impossible to talk about 2016 without saying UTi a great many times.”
More from Bruce Barnard
Rickmers did not give financial details of the transaction.
The court ruled that the port must address several environmental issues before it can proceed.
Rotterdam maintains a significant lead over Antwerp.
The unrest has its roots in a European Court of Justice ruling from 2014.
The Maersk Group said its forwarding and logistics arm still has some way to go to improve its performance.
Strong growth in Europe and the Asia-Pacific powered DP World in 2016.
Freight traffic grew by double digits across the DFDS network, and cargo rates increased.
The deal takes effect April 1 along with the reordering of global shipping alliances.
The global air cargo market grew to a five-year high in 2016 but is facing threats.
Last year’s traffic is 82,000 TEUs less than passed through Scandinavia’s largest container hub in 2010 as world trade started to recover from the global financial crisis.
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