Maersk, Matson Raise Logistics Consolidation Question – What You Missed Over The Holidays — Panjiva
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Maersk, Matson Raise Logistics Consolidation Question – What You Missed Over The Holidays

Corp - Forwarders 340 Corp - Ports 880 Corp - Shipping 976 Energy - Bunker Fuel 90 Global 1389 Mergers 220 Mode - Containerized 1468 Mode - Seaborne 1801 Theme - Canals 132 Theme - Rates 234 Theme - Shipbuilding 108 U.S. 5317

The last two weeks of 2019 presented an opportunity for the global logistics industry to get to grips with five major elements of change. First, the introduction of new sulfur emissions rules from Jan. 1, 2020 led to a 6.5% rise in China-outbound shipping rates in December, though 4Q overall was still down 3.3% overall compared to 4Q 2018. Second, the shipping industry may be set for a new round of restructuring after Maersk’s CEO, Soren Skou, raised the prospect of purchasing land-side logistics assets. Thirdly, Matson raised concerns about legislation that could repeal the Jones Act re...

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