BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
It’s a recurring theme for die-hard sources in our marketplace: for M&A-hungry DSV to grow inorganically, the thinking goes, it would make a lot of sense to target a US-listed 3PL, either Expeditors (EXPD) or CH Robinson (CHRW).
Particularly the (weakened) latter now, whether or not a friendly approach is doable.
Hostile
However, several investors disagree, thinking that unfriendly corporate action is not the way to go, while a few others aren’t even sure big deals are strategically relevant, let alone value-accretive, in ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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