Analysis: Bruised DSV – cash not king anymore?
…or just blame investment needs and seasonality
The bearish mood in the marketplace is pretty all-pervasive when it comes to sharing views on the latest corporate restructuring being implemented by Kuehne + Nagel, with a raft of trade sources singling out senior executives as being part of structural corporate problems the Swiss behemoth faces.
It’s a fierce attack both from the inside and the outside: once the crown jewel of freight forwarding, and still a benchmark in so many ways, K+N decisions have been vilified, on all counts, ...
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