BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
The year started with a bang from those senior sources who helped Premium on 23 November break the news that DB Schenker (DBS) would undertake a corp reorg hinging on larger regional clusters, eventually affecting the internal structure of the foremost 3PL currently on the block.
Background
Last time we highlighted the (long) odds of a $20bn-plus cash deal by a trade buyer for the whole of DBS was a month a ago, when we wrote: ’A DB Schenker trade buyer for $20bn ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
Comment on this article