DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
Since mid-2018 I’ve touched upon the merits of a Kuehne + Nagel + DHL Global Forwarding, Freight (DHL GFF) deal ? but I have been told by many market observers and advisors that the two transport operators were way too big to get away with a tie-up of that scale. However, I have maintained the view, on a preliminary basis, that antitrust hurdles could be easily overcome, with some contracts and assets flipped to third parties, given fragmentation in the industry.
While ...
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
News in Brief Podcast | Week 21 | GRIs and European port congestion
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Air forwarders face financial uncertainty – but 'there are opportunities'
Comment on this article