DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
Xpediator, which operates freight services under the Delamode brand, is to buy and ocean and sea freight forwarder Regional Express for just over £2m.
It represents the UK freight forwarder and e-commerce logistics provider’s second purchase since its recent listing on the London Stock Exchange to fund an acquisition spree.
Regional Express has two lines of business: global air and sea freight forwarding freight forwarding; and e-commerce, including VAT registration, customs clearance and air and sea transport from the US and Far East ...
European port congestion now at five-to-six days, and getting worse
Keep our news independent, by supporting The Loadstar
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
Comment on this article
Roy
November 06, 2017 at 3:40 pmToo many forwarders in this industry. My company has about 15 calls a week. All coming in with cheap prices but no sustainability. On this basis this looks like a bad deal.