DSV narrows earnings guidance, launches €5bn equity funding backing Schenker purchase
DSV updates the market saying that based on the preliminary earnings estimates for the first ...
“Hello my friend. How are you?”
With a bit of noise already in the background, it all started officially here a fortnight ago when a senior freight forwarder sorely challenged the seemingly unchallengeable M&A outlook in logistics.
Which, once more, doesn’t look too rosy for anybody targeting transformational deals, say $5bn-plus in enterprise value (EV), given a real paucity of viable candidates.
But dirty top dollar, naturally, can do wonders in M&A.
No longer immune
That imaginary conversation playing in my head four years ago ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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