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Container lines are awash with cash as profits hits levels never previously even dreamt of, so what are they doing with all this money?

Here's a look at how Citon Computer became one of the top managed services providers in the country.

Took over in interim capacity at the end of last year.

Took over in interim capacity at the end of last year.

Eaton acquires Royal Power Solutions for $600 million to boost its energy management, industrial and mobility businesses.

Red Hat is ready to assist businesses in various sectors across Pakistan, enhancing their services via innovative solutions.

For big ocean freight lines, 2021 was marked not only by record profits stemming from COVID-related constraints on shipping patterns and capacity but by significant steps toward transforming themselves into full-blown providers of inland logistics services. The trend is further blurring the line between freight forwarders and carriers. For most of this century, an asset-light ...

Shipping lines are flush with cash and using it to expand into logistics services.

The deal is one of the group's largest takeovers to date as it seeks to expand beyond its core ocean freight business. . Read more at straitstimes.com.

Mediterranean Shipping Co., the world’s second-largest ocean container line, has made an offer to acquire the Africa division of Bolloré Group, the France-based third-party logistics provider announced Monday. The move is part of a recent trend that has seen ocean carriers and terminal operators become more vertically integrated freight transportation and logistics providers to diversify ...