DHL rockets – but time ‘for Global Forwarding to catch up with DSV’
…and Schenker dilution might just help
There are a lot of expectations for our Magic Four – DSV, Kuehne + Nagel, Mærsk and DHL Group – in the European transport and logistics (T&L) sector for the forthcoming year.
M&A master DSV is expected to become the largest global forwarder, with a Schenker-charged turbo engine under its bonnet.
Drawing from a note released on Thursday last week (2 January), equity research analysts at Bernstein* reiterated their view that at current stock levels of about Dkr1,500 “the upside does not ...
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