December U.S.-bound waterborne shipments finish a strong 2018, says Panjiva

United States-bound waterborne shipments in December capped a record-breaking year for global trade, according to data issued this week by global trade intelligence firm Panjiva. December shipments, at 1,053,009, marked an 8.8% annual increase, and full-year 2018 shipments, at 12,346,524, were up 6.4% annually, setting single-month and full-year records in the process.

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DSV confirms its offer to acquire Panalpina for roughly $4 billion

Hedehusene, Denmark-based global 3PL DSV said this week that it confirmed that it made “an indicative and private proposal” to the board of directors of Basel, Switzerland-based global 3PL and airfreight forwarder Panalpina to acquire the company. DSV made these comments in response to Panalpina’s January 16 announcement that it received an unsolicited, non-binding proposal…

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UPS is in line to sue EU over failed attempt to acquire TNT Express following court ruling

Earlier this week, Atlanta-based transportation and logistics bellwether UPS received some potentially good news when the European Court of Justice said that a previous decision by anti-trust regulators in 2013 to prevent UPS’s intended acquisition of TNT Express NV, a provider of mail and courier services and the fourth largest global parcel operator, is to…

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