The about-face from SMART-TD, which had initially opposed the $85 billion transaction over fears of job losses, makes regulatory approval of the merger far more likely.
Super typhoon Ragasa is the 19th named storm to hit the region this year, with container terminals shutting down and airlines preparing to ground flights from Tuesday night.
The takeover will add the UK’s largest maritime intermodal service provider to the carrier’s rapidly expanding logistics portfolio.
