Analysis: Bruised DSV – cash not king anymore?
…or just blame investment needs and seasonality
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 ...
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
Global airfreight volumes blooming as flower shipments take off
Comment on this article