Maersk and MSC to End 2M Global Shipping Alliance
The world’s two biggest shipping lines said they would end their vessel-sharing partnership in 2025, a move that would shuffle a lineup of global alliances as demand for trade is weakening.…
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Supply-Chain Tech Provider Project44 Delays Potential Public Offering
Supply-chain technology provider project44 has postponed plans for a possible public stock offering amid the uncertainty in markets, and instead is turning to more venture-capital investment…
Maersk Expects Logistics Revenues to Exceed Shipping in Coming Years
A.P. Moller-Maersk A/S expects logistics revenue to surpass the ocean business by the middle of the decade as the container giant warns of “dark clouds on the horizon” for global shipping…
Maersk to Buy LF Logistics for Around $3.6 Billion
A.P. Moller-Maersk
AMKBY 0.26%
A/S said Wednesday it has agreed to buy LF Logistics for around $3.6 billion…