The dispute has dragged on for more than six years, with no resolution in sight. – Garry Marshall, Saepa.
It’s going to take some time for the liner trade to recalibrate around CoGH rerouting capacity.
With demand continuing to weaken in key markets, the airfreight sector could face pricing pressures.
Japanese truck maker aims to boost local production as the sector grapples with US tariff crisis.
CEO Patrik Berglund described the acquisition as a milestone for the company.
The project is funded by a $60bn deal with China Liancai Petroleum Investment Holdings Limited.
