Cosco’s acquisition of the stake in the Hamburg terminal was subject to approval by the German government, but significant resistance due to political sensitivities prolonged the process.
11 Oct 2022
US shippers should expect more international acquisitions of domestic US trucking operations as logistics companies work to provide more end-to-end services and visibility.
10 Oct 2022
The German Federal Cartel Office argues that large container carriers do not satisfy “with a sufficient degree of certainty” the conditions required for their exemption from European competition law.
04 Oct 2022
While rivals make huge investments in end-to-end logistics, Hapag-Lloyd’s strategy is to retain a core focus on container transport and the expansion of its global terminal footprint.
30 Sep 2022
Spot rates on some air cargo routes out of Asia have fallen below long-term contract levels, mirroring the development in ocean shipping.
21 Sep 2022
Cosco Shipping wants to make Hamburg a strategic transshipment hub for North Europe, but German regulators have yet to approve a minority terminal stake in the port.
15 Sep 2022
Hapag-Lloyd insists that its core ocean container focus remains in place despite acquiring a significant stake in an Italian logistics company.
07 Sep 2022
A contract is a contract — and needs to be respected by both parties regardless of spot rate movements — according to Hapag-Lloyd's CEO.
29 Aug 2022
While spillover cargo flows back to the container market, a strong breakbulk market is keeping the MPV sector afloat.
24 Aug 2022
The industrial action hanging over Germany’s busiest container ports has been resolved, but there is no agreement in sight at the increasingly bitter Felixstowe strike in the UK.
16 Aug 2022
German authorities said the Rhine would remain open and barge companies would need to decide on their own whether to operate services as parts of the key waterway fall to record low levels.
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