Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
The recent story of Australia’s largest transport and logistics group, Toll Holdings, has largely been characterised by rapid expansion through both domestic and international acquisition, a process that now appears to be in reverse after it put a number of its businesses up for sale. The domestic marine logistics arm, which largely deals with bulk trades in and around Indonesia, as well as its Asian express business, have now been consigned to the “non-core activity” camp as it seeks to improve operating margins and provide higher returns to shareholders.
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DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
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