Easy pickings for rivals as DSV weighs Schenker political risk
With client churn in mind
Uber Freight’s European foray came to an end this week after its US parent company came to an agreement to sell it to German rival sennder – a company whose name is causing havoc with the autocorrect function of this journalist’s word processing software.
Although the purchase price remained undisclosed, a Bloomberg report cited sources who valued Uber Freight Europe at €900m, and included Uber taking a minority stake in sennder as part of the deal. The acquirer said the deal ...
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