NOL CEO Recognizes Slow Reaction Caused Problems — Panjiva
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NOL CEO Recognizes Slow Reaction Caused Problems

Logistics 476 Mergers 220

The outgoing CEO of Neptune Orient admits that the company reacted too slowly to changing market dynamics, in a Straits Times interview, leading to the CMA CGM takeover. The struggle is illustrated by NOL’s falling share of U.S. imports which reached 2.45% year-to-date in 2016 from 3.6% a year earlier according to Panjiva data. Mergers

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