SHIPPING AMALGAMATION.
When lasi English mails loft there wore many reports current about fur-, tlier combinations in the shipping world. Among otlier tilings it was stated tliat an understanding liad boon! arrived at by a number of lines trading between England, America, Australia, and Now Zealand, though in; this connection mention is not made of, the P. and 0. Company. Then it was! said thai several capital reorganisation schemes were under consideration, and that a rearrangement of mutes so as to avoid overlapping and reduce working costs «a.s likely. One correspondent writes: !t is at all events certain that so far as the Canadian Pacific Company is concerned important developments are in progress. For
bcvoral years it lias had u working agreement with the Allan line-in fact on V victualling department serves both C oncerns,-aiKl with the appointment of Major Kersey, a director ... the latter, as manager-in-chief of the former's ocean services something more than a community of interests will probablv !);• effected. Hiis is, at any ~,t 1. , an opinion winch is strongly hold in shipping quarters. Several Win plans may mature shortly.
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Bibliographic details
Stratford Evening Post, Volume XXXVII, Issue 46, 24 October 1913, Page 4
Word Count
183SHIPPING AMALGAMATION. Stratford Evening Post, Volume XXXVII, Issue 46, 24 October 1913, Page 4
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