Finance / Brazil
Freight Rate Uncertainty Tempts Merukh Into Transport Splurge
May 2010 | M&A AnalysisPT Merukh Enterprises' US$10bn purchase of shipping and airline assets from China is one of the most audacious examples yet of the growing overlap between the mining and freight transport sectors. With raw materials prices and freight rates becoming ever more unpredictable, mining companies are increasingly purchasing transportation assets to hedge against future price swings.
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