DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
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Barely half a year since the formal spin-off of GXO Logistics, what remained as the rump XPO Logistics is set to be split up once again.
The US-headquartered company yesterday announced that its less-than-truckload (LTL) would continue to trade as XPO Logistics, with its freight brokerage operations spun off as a newly listed company on the New York Stock Exchange.
The news appeared to be welcomed by investors, with an increase in its share price reversing some worrying recent declines, which according ...
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