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, ...
It’s all about the yield attached to freight in air and ocean. Nothing else matters these days as freight forwarders are in full defensive mode. If you have followed the success story of DSV, particularly ex-M&A when deals aren’t done, you’d know that.
(Nice and sweet, if you don’t expand/broaden the search.)
Today, the Danes reported their Q1 23 numbers and the key readings for its core ocean and air division that were really, really cool, with GP/ton and GP/teu, respectively, at ...
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