December 1, 2016 — Subject to regulatory approvals, Maersk Line and the Oetker Group have reached an agreement for the former to acquire Hamburg Süd, the world’s seventh largest container shipping line and a leader in the North – South trades. See the press release.
November 3, 2016 — Total intermodal traffic recorded another volume decline in Q3 of 2016, according to IANA’s latest quarterly Intermodal Market Trends and Statistics report. See the press release.
October 31, 2016 — Japanese ocean carriers NYK Line, “K” Line and MOL issued a joint statement announcing they are merging their container shipping businesses into a joint venture company to be established next year.