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IT is key to CP Ships, says Hapag-Lloyd.
(From Lloyds List)
Byline: German company sets out takeover plans, writes Janet Porter
HAPAG-Lloyd has established a clear blueprint for takeover target CP Ships that includes applying its own yield management systems.
The German company has gained a reputation for being one of the best in the business as far as maximising revenue per container, and now hopes to bring that expertise to CP Ships, which has struggled to integrate properly the numerous companies it has acquired over the years.
In presentations to institutional investors, Hapag-Lloyd has said it plans to extend its information technology systems to CP Ships' assets and …
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