DSV US expansion continues with major investment in California hub
DSV is betting on the US: it has confirmed it is spending some $107m to ...
In the first four months of 2018, European firms have spent some $47bn acquiring US companies. This, the Wall Street Journal says, is the highest spend between the two regions since 2006 and almost $10bn up on what was spent over the same period last year. Driven by lower taxes and favourable foreign exchange rates, the boom in US acquisitions may bode well for European forwarders looking to expand. However, it should be noted these deals aren’t for the faint-hearted. While the spend may have gone up, the number of buys has gone down: 113 fewer US targets were acquired in the four-month period compared with 2017, indicating the deals done were on the large side.
'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
Ecommerce boom may be opening the doors for smugglers
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article