Brexit Watch: Pernod Ricard, Diageo Make Most of Liverpool’s Service Expansion — Panjiva
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Brexit Watch: Pernod Ricard, Diageo Make Most of Liverpool’s Service Expansion

Brexit 174 Consumer Staples 738 Corp - Ports 860 Corp - Shipping 943 Mode - Containerized 1430 Mode - Seaborne 1764 U.S. 5242 United Kingdom 339

Container-line MSC and terminal operator Peel Ports have created a joint venture to expand port capacity in Liverpool, U.K. The timing is somewhat surprising in coming so close to a potential “hard Brexit”, though the two have worked together since 2016 and port developments can take years to complete. Shipping activity through Liverpool expanded by 10.9% year over year in 2Q, in part due to new service offerings from MSC, and was well ahead of the total for all British ports which saw traffic drop by 6.8%. The impact of MSC’s new offerings can be seen in a 21.4% rise in shipping to the ...

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