Maersk reportedly close to acquiring P&O Nedloyd

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Anonymous

Member since
April 2003
305,205 posts

Maersk reportedly close to acquiring P&O Nedloyd

Posted by Anonymous on Wednesday, May 11, 2005 8:53 PM

According to a report in todays Wall Street Journal Maersk is close to buying P&O Nedloyd for approximately $2.95 Billion strengthening its position in the global intermodal industry.

LC

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dknelson

Member since
March 2002
From: Milwaukee WI (Fox Point)
11,439 posts

Posted by dknelson on Thursday, May 12, 2005 8:39 AM

I saw that same article
I guess in the future out of necessity we are going to be railfanning for colorful containers and will get all excited about seeing an old Nedlloyd container still in service. Some of us still remember 40 ft boxcars with 6 foot doors!
Dave Nelson

Anonymous

Member since
April 2003
305,205 posts

Posted by Anonymous on Thursday, May 12, 2005 12:14 PM

Check THIS out

http://84.40.10.17/

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Junctionfan

Member since
February 2004
From: St.Catharines, Ontario
3,770 posts

Posted by Junctionfan on Thursday, May 12, 2005 2:59 PM

That is quite a mega merger really. Maersk and Sealand merged awhile back and became quite large then and now with a merger of P&O Nedlloyd, I think they will be the largest container fleet next to maybe Trans America Leasing (I think they are the one that owns Genstar and all the rest)

Andrew