Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
More LSP consolidation on the cards. According to Bloomberg, UPS is in talks to buy Chicago 3PL Coyote Logistics, for about $1.8bn. A source said the deal, with Coyote’s backer, private equity company Warburg Pincus, could be completed in the next week or two, making it the third largest US logistics deal this year, counting XPO’s acquisition of French operator Norbert Dentressangle
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
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