Up for sale? Who is next?
The container-shipping industry has been highly unprofitable over the past five years. Making things worse, earnings have been exceptionally volatile. Several factors are responsible, notably trade’s spotty recovery from the global financial crisis, and redoubled efforts by corporate customers to control costs. Some of the pain is self-inflicted: as in past cycles, the industry extrapolated the good times and foresaw an unsustainable rise in demand. It is now building capacity that appears will be unneeded.
These problems are real and significant, and largely beyond the power of any one company to address. But shipping companies cannot afford to throw up their hands and accept their fate.
These developments are leading to alliances, mergers, acquisitions & sale!
More on https://shippingscmlogistics.blogspot.in/2016/11/up-for-sales-who-is-next.html
More on https://shippingscmlogistics.blogspot.in/2016/11/j3-for-shipping-from-land-of-rising-sun.html
Collaborating smarter trade flows with a sustainable mindset
8 年Taiwanese Trio next ?? T3