Maersk announces acquisition of Vandegrift
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Shipping lines seem to be strengthening their positions in the market with their growth strategies based on acquisitions of logistics service providers..
Close on the heels of CMA-CGM’s acquisition of a major stake in CEVA Logistics, Maersk has announced the acquisition of Vandegrift – a customs brokerage firm..
What is your opinion on the acquisition of these logistics service providers by shipping lines..?? Are they tramping on the toes of the traditional logistics service providers or will this benefit the market..??