Peek through 'the veil of ignorance' with DSV, DHL, K+N & Mærsk
Spot the outcome, if you can
AAPL: SUPPLY CHAIN BETDHL: NEW PARTNERJBHT: HAVING FUN TO WIN ACROSS THE BOARD JBHT: 'BEING PREPARED FOR THE NEXT UPTICK IN DEMAND' JBHT: BUYBACKS UPDATEJBHT: PEAK SEASON JBHT: PARING SOME LOSSESJBHT: RISING COSTS HERE TO STAY JBHT: EQUIPMENT UTILISATION RISK JBHT: NO STONE LEFT UNTURNED JBHT: COST SAVINGS ON THE AGENDAJBHT: QUESTION TIMEJBHT: RESILIENT INTERMODAL OPERATIONSJBHT: ADDED COMPLEXITY JBHT: 'CHALLENGING AND UNPREDICTABLE ENVIRONMENT'JBHT: CONF CALL STARTSJBHT: CONF CALL JBHT: INFLATIONARY COST BASE
AAPL: SUPPLY CHAIN BETDHL: NEW PARTNERJBHT: HAVING FUN TO WIN ACROSS THE BOARD JBHT: 'BEING PREPARED FOR THE NEXT UPTICK IN DEMAND' JBHT: BUYBACKS UPDATEJBHT: PEAK SEASON JBHT: PARING SOME LOSSESJBHT: RISING COSTS HERE TO STAY JBHT: EQUIPMENT UTILISATION RISK JBHT: NO STONE LEFT UNTURNED JBHT: COST SAVINGS ON THE AGENDAJBHT: QUESTION TIMEJBHT: RESILIENT INTERMODAL OPERATIONSJBHT: ADDED COMPLEXITY JBHT: 'CHALLENGING AND UNPREDICTABLE ENVIRONMENT'JBHT: CONF CALL STARTSJBHT: CONF CALL JBHT: INFLATIONARY COST BASE
Good news for Danish 3PL DSV and its investors – apparently the 100 largest customers of UTi Worldwide, a US forwarder it bought for $1.35bn earlier this year, have committed to keeping their business with the newly enlarged company. With enormous cost synergies needing to be pushed through to justify the acquisition price tag, customer retention – so often the Achilles heel of what initially seem like tantalising takeover deals – was always going to be a huge priority. And chief executive Jens Andersen told Bloomberg that it could start looking for its next purchase as soon as next year: “We could possibly be ready for a new acquisition toward the end of 2017, but we need to be done with the integration of UTi first.”
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