Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
After spending the last year or so explaining to investors why it had decided to become an asset owner and operator after its acquisitions of Norbert Dentressangle and Con-way, XPO Logistics now appears to have made a 180-degree turn with the sale of Con-way’s trucking unit to Canada’s largest haulage company, Transforce. For its part, the Canadian firm appears on the brink of a relishing a long-cherished dream of breaking into the US market. XPO has said it will use the proceeds to pay down its debt pile. The Loadstar will be interviewing XPO chief executive Bradley Jacobs later today and publish an analysis on Monday, but in the meantime, this Wall St Journal article tells you all you need to know.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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