maltatoday
Logistics &
Shipping
www.expressgroup.com
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Wherever the destination,
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Every business relies ever more on
the shipping industry in some way
and experts predict an increase in
consolidations to help deal with
bankruptcies, acquisitions, and
mergers that have plagued the
industry in the past three to five
years. A survey of industry observers
showed that 77% of experts see an
increase in consolidation by the end
of this year. That means the shipping
industry will dramatically change as
fewer major global carriers make it
through 2018. By 2018, just seven
major players are expected to control
more than 65% of the global capacity.
