When the state-owned passenger, logistics and rail freight company reported its first-half results, chief executive Rudiger Grube noted that Deutsche Bahn was able to end the “longest and most consequential wage dispute in the history of DB Group, literally at the last minute”. As a result, he a...

Even if the two companies manage to hold onto to all their current business, post-merger (something that remains unlikely if past mergers in the shipping industry is anything to go by), their combined market shares, as shown in the table below, of the various global trades will remain well under the...

Volumes may have grown, space got a little tighter in the past couple of months. But IATA’s figures show air freight growth is flat, up just 0.5% in October, year-on-year. This fell to a mere 0.2% for Europe’s carriers, which actually have led recent improvements in growth. North America suffere...

The deal would be based on terms put forward by CP in mid-November, when NSC said it had received “an unsolicited, low-premium, non-binding, highly conditional indication” of interest. The suitor has room to lever-up in order to agree a friendly deal, although in doing so it may end up jeopardis...

According to Alphaliner, APL’s fleet of 541,000 teu pips the 460,000 teu operated by P&O Nedlloyd when it was acquired by Maersk in 2005 – although APL’s global capacity share is currently 2.6% compared with the 5.5% of P&O Nedlloyd. The hypothetical debate doing the rounds at the Inte...

A profit warning from market leader Maersk last month – which hit Hapag in the process of pricing its IPO and clearly affected its valuation – is not the only element that signals possible downside risk for the shareholders of the German group. “In response to queries received following Maersk...

IAG Cargo, for example, yesterday sent out an uncharacteristically buoyant press release, egging on its customers to book more air freight. The carrier is usually more cautious in its public relations, especially about good news. But it is claiming not only has the peak begun, but it expects a 30% i...

For nigh-on two decades trucks and freight traffic have been able to criss-cross most of Europe, unhindered by border checks. Reintroducing checks in a sudden response to the attacks caused – and for once this is not a cliché – chaos. By Tuesday evening, some five days after the attacks, there ...

My advice would be for them to adopt cautious optimism, however. From last week’s quarterly update, the German mail and logistics company clearly has a lot of work to do across most of its divisions if it is ever to meet its ambitious guidance for core operating earnings. Aside from one-off charge...

Speculation appears to have started at the CAPA summit in Helsinki, when Finnair’s CCO, Juha Järvinen, talking about the threat from the Middle Eastern carriers, said: “It is a niche where we survive by ourselves or we become part of a consolidation.” This followed comments on the successful ...