DSV catches up with Kuehne – the two American stars lag
YTD trends
It’s done. DSV has taken over UTi, as of this morning and is now the fourth largest freight forwarder in the world, with 50% more revenue. The sea and air division is expected to be most affected by the acquisition, and some job losses are expected, say insiders who added that “the work begins now”.
EXCLUSIVE: Indian digital forwarder Freightwalla shuttered
Peak season hopes dashed as freight rates slip again
Panama Canal restrictions could halt US coastal shift
Shippers hold back on contracts amid uncertainty and ample capacity
DB Schenker – sale, float, nothing
Airlines that adapt quickly will survive likely freight pain in H2
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