RTR EXCLUSIVE: CH Robinson's forwarding unit draws interest from rival DSV

REUTERS reports:

Danish transport and logistics company DSV A/S (DSV.CO) is interested in buying U.S. rival C.H. Robinson Worldwide’s (CHRW.O) business that specializes in arranging international cargo transport on behalf of shippers, two people familiar with the matter said.

DSV, which is looking to expand in North America, last week met with a small group of investors and said it would be interested in acquiring C.H. Robinson’s global forwarding business, which would give it critical access to trans Pacific ocean trade lanes, the sources said. The unit could fetch a price of as much as $9 billion, the sources said…

The full post can be read here.

And our previous coverage on 24 May is here: “A CH Robinson break-up – the epilogue?“