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#INTHEAIREVERYWHERE |
Vol. 21 No. 7 | Monday
February 7,
2022 |
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Letters for February 7, 2022 |
Letter
From Hong Kong RE: MSC ITA LH Acronyms With Meaning Hi Geoffrey, Just reading about the interest of MSC in ITA brings to mind the recent news of the other shipping giant Maersk buying the German Airfreight Forwarder Senator (privately owned by founder Mr. Kirschbaum) for a sizeable sum - close to US$ 500 Million. Quite a bit of change for a mid-size freight forwarding company which was just started in the mid 1980s but has become very successful with main client BMW, and running regular charter services out of Frankfurt Hahn with four leased 747 cargo jets a few times a week into the U.S. as well as Far East and South Africa. For Maersk that money is only petty cash, but obviously they think the time is right to add air cargo capabilities to their line of business - which sounds very truly right given the bottlenecks in ocean freight services impacted since COVID. So getting into airfreight & charter services looks like a good idea for them, and perhaps likewise the move from MSC. Keep up the good work! Hardy Hardy Zantke |
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Vol. 21 No. 4 Sustainability Costwise & Otherwise Chuckles for January 20, 2022 Good Numbers for AirCargo 2022 Women's Networking Event Webber's NOLA Musical Interlude |
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Publisher-Geoffrey Arend
• Managing Editor-Flossie Arend • Editor Emeritus-Richard
Malkin Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend |
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