Comment / M&A and away as Kuehne stays ahead of DSV

“Better than nothing, I suppose!”

That was the instant reaction of a Premium lieutenant yesterday in the wake of Kuehne + Nagel’s disclosure of a customs house brokerage (CHB) bolt-on deal in Canada.

Background for your perusal, before moving to the Swiss-Danish battle.

Dearth of deals

There’s loose talk that 2024 may be the year when M&A picks up, particularly, that is, for smaller transactions in the 3PL/forwarding arena.

Lacking hard evidence, as well as insightful feedback from our Premium sources, my humble and swift ...