DSV – near-$4bn Schenker boost update
Beauty and curse of M&A
BA: BIG WINUPS: ON WATCHDSV: EXPECTATIONS RUNNING HIGH WMT: LEAST SHORTED STOCK KNIN: EARNINGS NEXTDHL: ENVISION DEALDHL: NEW CHINESE PARTNERFDX: GLOBAL IT OUTAGE IMPACT FELTUPS: GLOBAL IT OUTAGE IMPACT FELTJBHT: PAYOUT UNCHANGED ODFL: STEADY LOW YIELDMAERSK: BACK TO PRE-RED SEA CRISIS LEVELSDSV: SURGING
BA: BIG WINUPS: ON WATCHDSV: EXPECTATIONS RUNNING HIGH WMT: LEAST SHORTED STOCK KNIN: EARNINGS NEXTDHL: ENVISION DEALDHL: NEW CHINESE PARTNERFDX: GLOBAL IT OUTAGE IMPACT FELTUPS: GLOBAL IT OUTAGE IMPACT FELTJBHT: PAYOUT UNCHANGED ODFL: STEADY LOW YIELDMAERSK: BACK TO PRE-RED SEA CRISIS LEVELSDSV: SURGING
Deutsche Bahn chief Ruediger Grube has said he will travel to Russia to ensure that DB’s relationship with Russian Railways is unaffected by the recent political upheaval. Russian Railways boss Vladimir Yakunin has been targeted as one of the individuals under US sanctions, and the potential impact of this is causing some alarm to companies. Meanwhile GEFCO, the logistics group formerly controlled by PSA Peugeot Citroen, which sold 75% to Russian Railways in 2012 , announced an annual turnover of €4bn and a net profit of €55m last year.
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