Comment / DHL Global Forwarding – changing of the guard with Tim Scharwath set to exit

Source: DHL Group, Tim Scharwath pictured above

We warned in a previous exclusive concerning DHL Global Forwarding in the US when a senior exec decided to jump ship for better fortune elsewhere.

To be sure, M&A prospects do not look promising for mega deals after the closing of DSV’s takeover of Schenker.

And even before then, it was on 1 October when Premium wrote: ’Nothing chunky to buy, lots to break up’.

(Long-standing relationships, for instance.)

Yet, it’s certainly not a dull market as far as the C-suite is concerned.

And DHL ...