BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
Initially, the DSV + Panalpina (PAN) story seemed so straightforward, but the outcome of the deal has become increasingly unpredictable.
Background
The chief sources who helped us break the news on 16 January that a Sfr170 a share proposal for the Swiss 3PL would emerge within six hours, also predicted the initial approach would be rejected.
Other, usually tight-lipped, market insiders close to PAN – boasting the same seniority in my sources ranking system – this week confirmed that the board of directors would ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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