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A message shared internally by DSV Panalpina CEO Jens Bjørn Andersen last Friday captured the attention – let alone the imagination – of the hardcore crew at the Danish company. But some were left puzzled about the two sides of the same corporate story just at the time when the global freight forwarding leader’s shares broke through another record high – the latest on Tuesday: Dkr966.2.

That implies a whopping market cap of about $35bn, about 57% greater than Kuehne + ...

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