No industry is immune to mergers and
acquisitions, not even Logistics. In December 2022, Mediterranean Shipping Company (MSC) acquired Bolloré Africa Logistics SAS and its affiliates. MSC wanted to further penetrate Africa’s supply chain, but despite its good intentions, a normal and expectable outcome will inevitably ensue: job loss. MSC will most likely trim redundant roles within operations and aim for efficiency just like any other company does in an acquisition.
In today’s world, everyone wants the high margin deals, and the transactions that are easy to handle, but nobody wants the “hard sell”. In the freight world, people say “I want the easy loads to cover from Boston to Chicago”, but when it comes to the harder freight, people shy away. Most say, “Well, I’m not going to make a lot on that deal with that customer, so I’m not really interested.”
SEEKING NOMINATIONS: We are pleased to announce a monthly award to be given out to those who are not only “Top Talent” within the Logistics, Supply Chain, and 3PL industry but also within their community. Award winners will be mailed a physical award and promoted within this newsletter. To nominate someone for the “Top Talent Excellence Award”, please reply back to this email with someone we should consider and why.
Top Talent is a talent acquisition firm focused exclusively on the Logistics and Supply Chain industries. We identify, recruit, transition, and follow the best and brightest in those fields. toptalentllc.net| 317-758-0851
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