A.P. Moeller-Maersk AS is stepping back from buying new vessels as the Danish shipping giant focuses on controlling costs and targets its growth efforts to inland logistics rather than oceangoing trade.
Canada Pension Plan Investment Board (CPPIB) has bought an 8% stake in logistics company Delhivery Pvt. Ltd for $115 million from an existing investor, the company said on Monday. The name of the seller was, however, not disclosed. Canada’s largest pen