Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
Anything you can do…
As part of my “who’s next?” series, concerning the possible corporate moves of Kuehne + Nagel (K+N), after Germany’s Hapag-Lloyd last week, I have now run the ruler over another potential acquisition target.
While the ocean carrier is attractive in terms of vertical consolidation, I looked at a very different, perhaps more compelling and transformational, proposition: what about K+N buying the freight forwarding arm of Deutsche Post-DHL, aka DP-DHL GFF?
I admit it’s a bit of a stretch, even for an M&A junkie like me, ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
Comment on this article
Fabian
July 27, 2018 at 11:37 amas K&N guy making me very happy to see DGF going down and down even they are subsidized by state 🙂
its really time to have this business unit sold for DPDHL
but i would doubt that worlds largest forwarder could take over #1 in airfreight w/o problem as this would create an unbeatable forwarder
Ale Pasetti
July 27, 2018 at 9:07 pmThanks for your comment, Fabian. Are you referring to regulatory risk, if I may ask? Just 25% of tot air tonnes out of the tot. volumes for the top 20 in air. It’s do-able, I think.