Analysis: DSV CEO Jens Lund at a crossroads – next deal, please!
On borrowed time
The press release practically wrote itself: three complementary logistics players spanning two continents, united under California-based FAST Group to forge an e-commerce shipping powerhouse.
When Sendle, FirstMile, and ACI Logistix announced their merger on August 7, 2025, the pitch was irresistible, a “dynamic ecosystem” for e-commerce shipping, serving everything from small businesses to enterprise clients across the US, Australia, Canada, India, and the Philippines. Five months later, the dream lies in tatters: Fast Group is winding down business, ...
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