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The Tesco Effect
01 May 2005
Last week it was announced in the UK that the supermarket chain called Tesco was claiming one pound in every eight spent in the UK retail market. The effects on surrounding shops in the traditional high street can be easily imagined.
Something like this is going on also in the ports and terminal sector. One container in eight is moved by the Hutchison Port Holdings group one way or another, all around the world. Add all the other large chains of terminals together (a list of perhaps ten organisations) and you can confidently say that five containers in ten are moved by such organisations.
