Billionaire Kuehne Applauds China ‘Wisdom’ in P3 Ship Veto

China’s veto of a three-way alliance between the world’s biggest shipping lines is good for the logistics industry as it preserves competition among container carriers, according to Klaus-Michael Kuehne, the German billionaire who owns the world’s largest sea-freight forwarder.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.