Wal-Mart bid to buy shipping line?

[AllyCat]

I just got this from one of my boat searches (not Boatnerd, and yes, they exist, and yes, I frequent that site).

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There's a rumor going around that Wal-Mart has approached Neptune Orient Lines of Singapore about buying APL (12/17). Wal-Mart is apparently greatly frustrated by what it sees as stunning inefficiency in the liner trades and U.S. ports. This may be nothing more than a rumor, but goodness it's intriguing. The maritime industry sees to be horrified by the prospect but maybe they should welcome it.

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Anyone hear anything about this? Suppose they want to make sure their cargo containers aren't inspected should our gov't. ever get off its a** and inspect the darn things?

I think I see APL containers on nearly every freight train that rolls through my town.