United Transport Service Sailing Schedule

UTS is a leading provider of logistics solution,UTS is a worldwide Air and Ocean Freight Forwarding Service,We can offer a much more personalized service utilizing our own warehouses,UTS provides an Express Small Package Service.

Maersk to buy German shipping line Hamburg Sud

Maersk to buy German shipping line Hamburg Sud


Maersk Line, the world's biggest shipping company, is to buy smaller rival Hamburg Süd, joining a wave of M&A in the industry just over two months after the Danish company revealed plans to bolster its transport operations.

The deal, announced by parent A.P. Moller-Maersk (MAERSKb.CO) on Thursday, is the group's first full takeover in more than a decade and highlights a consolidation drive in container shipping, which has been grappling with low freight rates and oversupply.

It also follows Maersk's new boss Soren Skou's move to focus on transport and logistics and spin off the company's energy operations.

By Jacob Gronholt-Pedersen | COPENHAGEN