DSV – two tuck-ins and one 'ego play'
Looking past the side dishes
Cathy Roberson, of Logistics Trends & Insights, has published a thoughtful concise article on the possible impact of the FedEx/TNT merger on European airports, as has CargoForwarder Global. In the latter, European president of FedEx David Binks confirms that Liege is an “excellent” facility, which is likely to be a “significant” part of its network, while Charles de Gaulle will also be important.
The deal is taking longer than expected as the European Commission has decided to examine it all a little more closely. Still no word on who will buy TNT’s airlines, but Ms Roberson notes speculation from last year that Qatar Airways could be interested in the 49% share, while Belgian investors had eyed a 51% stake.
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