Growth by acquisition in the global forwarding market has long been regarded as a crucial competitive tool, but there has been a sharp increase in the number of takeovers this year.
APM Terminals has announced a partial six-week lockout at its Gothenburg terminal, ratcheting up a year-long dispute at Scandinavia’s largest container hub.
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.