More news from Company News

Shift in voting rights

APM Terminals to take control of Bremerhaven container terminal

Majority control of the North Sea Terminal in Bremerhaven is set to pass to APM Terminals, Maersk's port arm. The company and its joint-venture partner Eurogate currently hold equal stakes in the terminal and its management company. The planned…
Expansion through acquisitions

NX Group buys its way into the global top five

Three acquisitions in three years have turned Japan's NX Group from a domestically focused logistics operator into a global top-five player. The former Nippon Express said it had agreed to buy Canada's Metro Supply Chain Group for 1.8 billion…
Critical stage

China orders Maersk and MSC to retreat from Panama Canal ports

Beijing has told Maersk and MSC to halt operations at two Panama Canal ports, deepening a widening US‑China stand‑off over the strategic waterway. The Financial Times reported that the National Development and Reform Commission summoned the lines…
Risk management

Duvenbeck sale raises risks for Europe’s automotive supply chains

Automotive logistics provider Duvenbeck is being sold as the company faces severe financial strain, DVZ International has learned from industry and capital‑market sources. PwC has been mandated to find a buyer after losses deepened under…
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