Logistics integration M&As ‘a monumental waste’ of money
During an Intermodal Asia forum, industry experts debated whether the shipping and port companies’ latest integration strategy and buying spree would ever bear significant fruit
The trend for logistics integration by way of mergers and acquisitions will reverse at some point. Carriers will one day start to divest the logistics assets they have acquired and return to focus on what they are really good at, argues Container xChange managing director Christian Roeloffs