Comment / New blood for 'logistics colossus' Kuehne as DSV hits new high

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As DSV keeps marching on the stock market – in my personal view well beyond its own merits, hitting today a new 52-week high of Dkr1,407.5 as I type – Kuehne + Nagel (K+N) deservedly is under the spotlight.

Firstly, the Swiss forwarder disclosed today management changes that concern one of its most influential executives and management board members, Otto Schacht, whose sea logistics responsibilities and board seat are taken over by Michael Aldwell – a New Zealand national, born 1984 ...