The transportation and logistics sector tends to see a lot of mergers and acquisitions because it’s highly fragmented, creating an opportunity for rollup plays.
Carriers from China to the U.S. and Europe were forced to extract the dubious components, leaving jets grounded and racking up millions of dollars in costs.
A growing number of countries are pushing to make hydrogen a key part of their emissions-cutting strategies, particularly for energy-intensive industries.
Political factions and the powerful German trade union Ver.di opposed the Hamburg deal, saying it would cost jobs and cede control of the port to a foreign company.