The Maersk acquisition of LF Logistics signifies a few things.
First, major shippers are converting their record profits into expansion in logistics. This move dovetails with the CMA CGM acquisition of Ingram Micro, and the MSC Mediterranean Shipping Company pursuit of Bolloré Logistics in Africa.
Second, for every buyer rationale, there is also a seller rationale. Now that the Maersk deal is complete, Li & Fung can now focus on digital trade and sourcing.
Third, we are still in the early innings of the massive consolidation underway in logistics! Expect to see more, from Maersk and other global giants!
