Comment / Analysis: a solid first quarter for DSV – now what's next for Panalpina?

dsv

By Alessandro Pasetti

30/04/2019

Denmark’s DSV proved once again today to be the best-in-class 3PL in the marketplace, with solid first-quarter results well ahead of analysts’ expectations.

As a result, its shares shot up to an all-time high of Dkr630.6.

Its core air and freight unit outperformed those of its closest rivals, Kuehne + Nagel, Ceva and Panalpina, while the completion of the takeover of the latter is now brought forward to the end of the third quarter, from the fourth quarter.

Beer, air & ocean and more

“You ...

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Topics

DSV financial results Freight Mergers Panalpina DB Schenker Keep on trucking M&A radar NEOM

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