Kerry Logistics stays bullish as profits decline in a 'tough market'
Hong Kong-headquartered 3PL Kerry Logistics Network (KLN) today was the latest freight service provider to ...
There were two hot topics for debate on Monday for those lucky enough to be on the DSV/Panalpina takeover conference call: hard synergy targets; and what, specifically, the Sfr4.7bn deal would mean for PAN employees.
On both counts, disillusion swiftly ensued, as soon as the Q&A session started.
Pleased with that?
The performance of the DSV executive team on the call to financial analysts was hardly pleasing – although, admittedly, given the usual fanfare and overstated targets when jumbo deals of this kind ...
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Alex Lennane
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