China's regulators have blocked the P3 mega-alliance between Maersk, MSC and CMA CGM on the grounds that it infringes the country's competition laws between Asia and Europe, particularly with respect to the lines' combined market share of 46.7 percent. The law enforcers appear to believe that the cost reductions gained by the P3 carriers would either have been offset by this unacceptably high risk of market concentration, or would not have been passed back to shippers satisfactorily. Where to now?
The total natural capital cost of plastic in the consumer goods industry is more than $75bn per year, according to research released by the Plastic Disclosure Project, the UN Environment Programme and natural capital analysts Trucost.
UL LLC, the safety consulting and certification company, has expanded its Information & Insights (I&I) services division with the acquisitions of GoodGuide, IDES, Innovadex and The Wercs.
The Deloitte & Touche LLP consultancy has teamed up with LLamasoft Inc., a provider of supply-chain design software, to provide risk-management services to global companies.