ABU DHABI / GULF TIME Burtville Developments has announced the launch of its seventh residential ...
Read More »Maersk buys trucking company to shore up road-transport business
Bloomberg AP Moller-Maersk agreed to buy Pilot Freight Services LLC for $1.68 billion, shoring up its road-transport business while signaling an unprecedented boom in container shipping may be starting to fade. The deal announced on Wednesday coincides with a 2022 profit forecast that falls well below analysts’ estimates. Maersk said it expected a strong first half before a “normalisation ...
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