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 ...
On 29 October, when Danish powerhouse DSV Panalpina (DSV PAN) announced its interim results – adding it would resume buybacks (up to Dkr6bn, or $960m), thus devoting most of its free cash flow to shrink the share count and adjust its capital structure – it was the classic “take it for it what it is” moment.
Then depression kicked in, as usually happens after the hype*, but in fairness there’s no one to blame here as CFO Jens & CEO Jens ...
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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