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 share price of Panalpina has rebounded strongly since second-quarter results were released this year, and now trades within reach of a 52-week high of Sfr138.8 (US$148.80), boosted by a bolt-on deal announced today (See today’s Coolstar post).
Management is adamant it will continue to create value for shareholders, either delivering organic growth or acquisitions, and is also “flexible” when it comes to other options, including a transformational deal.
Peter Ulber (pictured below), a freight forwarding veteran who joined Panalpina after almost ...
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
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article