DHL, Mærsk, Kuehne & DSV – tears & rain, hope & faith
Getting there again…
With all the noise surrounding DSV and its massive €14.9bn takeover of Schenker, we have almost forgotten rival Kuehne + Nagel, the forwarder that will lose its crown as the world’s largest player by volume in air and ocean freight if the Danish-German tie-up, as planned, goes through in the second quarter of 2025.
The value of DSV boosted on the market – not as much as most earnings-accretion scenarios would suggest over the medium term – it hasn’t been very ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
Airlines scramble to avoid Middle East airspace as missiles fly
Shippers scrambling for alternatives as box lines divert from closed ports
Port strike will see 60 more ships at anchor this week and rates rising
Union members on DB board set to vote against DSV sale
Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
Comment on this article