DSV + Schenker's 3.2x corporate multiplier – white-collars at risk
Let’s look
Sunday deals are rare…
…but yesterday’s disclosure that UPS would sell its non-core Coyote Logistics business for slightly over $1bn to RXO was good for a change.
Its truckload brokerage unit, on the market since early 2024, the deal was promoted as “monumental” by Brad Jacobs, who has skin in the game alongside MFN Partners* and Orbis Investments, who have committed together over half of the agreed take-out price.
(*More about the investor and its Yellow involvement here.)
“Bigger is better” is the mood ...
USMX and ILA in 'claims blame game' as strike deadline looms
US east coast carriers and rail operators introduce pre-strike restrictions
Scores of ships en route to USEC will be forced to wait out strike
Baltic ports bar damaged Ruby, now in the Channel, due to dangerous cargo
Kuehne + Nagel – when dirt cheap isn't cheap enough
FMC's 'shot across the bows' warning over unfair D&D fees during strike
Amazon launches end-to-end logistics for third-party online sellers
USMX files unfair labour practice charge in bid to resume negotiations with ILA
Comment on this article