Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
Earlier this summer, DSV CFO Jens Lund famously talked up their M&A book by arguing they would be open to negotiate a deal with state-owned Deutsche Bahn unit DB Schenker, if the mighty German 3PL were on the market.
Looked upon in admiration by the ruthless M&A hyenas in logistics, the recalcitrant reply the DSV managers received was contained in an internal memo released by the would-be target to all employees, in which the Germans argued that the “purely hypothetical” approach ...
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