DHL, Mærsk, Kuehne & DSV – tears & rain, hope & faith
Getting there again…
€14.3bn ($15.9bn), the enterprise value stamped on Schenker by DSV at takeover, buys a lot of things in the corporate world.
It helped the Danes secure a friendly deal with one of the two most prominent German 3PLs, but if you recall, it was another promotional stunt at the end of the pandemic that seemed to steer Danish M&A interest elsewhere when, as The Wall Street Journal reported*, “Logistics giant DSV” was readying to “target US in renewed acquisition drive”.
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Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
Airlines scramble to avoid Middle East airspace as missiles fly
Shippers scrambling for alternatives as box lines divert from closed ports
Port strike will see 60 more ships at anchor this week and rates rising
Union members on DB board set to vote against DSV sale
Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
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