'Kick-ass' DSV beats Kuehne to the punch
Silence on all that Schenker potential
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, ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
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.