Struggling Forward Air sharpens its job axe again in bid to cut costs
Forward Air has embarked on another round of job cuts as management tries to develop ...
RXO: UPS DEAL SYNERGIESUPS: RXO BUYS COYOTE MAERSK: WCI BUMP UP GXO: NEW LOWWMT: NEW RECORDAMZN: AI UPSIDECHRW: RESHUFFLEKO: SUPPLY CHAIN LOOKKO: SUPPLY CHAIN INSIGHTTFII: BOLT-ON DEALZIM: SURGING FDX: DOWNGRADETGT: AI PUSHWMT: ON A ROLLKNIN: CONTRACT LOGISTICS WIN-WINMAERSK: CEO ON GREEN CHALLENGES
RXO: UPS DEAL SYNERGIESUPS: RXO BUYS COYOTE MAERSK: WCI BUMP UP GXO: NEW LOWWMT: NEW RECORDAMZN: AI UPSIDECHRW: RESHUFFLEKO: SUPPLY CHAIN LOOKKO: SUPPLY CHAIN INSIGHTTFII: BOLT-ON DEALZIM: SURGING FDX: DOWNGRADETGT: AI PUSHWMT: ON A ROLLKNIN: CONTRACT LOGISTICS WIN-WINMAERSK: CEO ON GREEN CHALLENGES
Bloomberg sources have reported that Deutsche Bahn (DB) has received a “handful” of bids for DB Schenker. These include both Maersk and MSC, and a consortium led by CVC Capital Partners and Carlyle Group, in an offer worth some $14bn. The consortium is reportedly talking to the Abu Dhabi Investment Authority and Singapore Wealth Fund GIC. DB, which has called the sale Project Nova, said that the bidders had had a chance to “refine” their bids in recent weeks.
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