New senior management for DSV as it readies for DB Schenker takeover
Following its clearance by competition regulators to complete its acquisition of DB Schenker, Danish freight ...
© Vasinee Kaison
By Alex Lennane
Forwarders more focused on airfreight will fare better this year than those with a higher exposure to ocean freight, an investment bank said today.
In a discussion on the outlook this year for DHL, Kuehne + Nagel, and DSV, Jefferies said its order of preference for investment would be DHL, DSV both ranked ‘buy’, and then K+N – ‘hold’.
“For ’25, we prefer air to sea, which is favourable for DHL,” Jefferies wrote in a research note.
It explained: “Although air will face ...
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