Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
(ADDED: comment from DSV, which was not formally contacted at the time this story was published)
Market sources say that Danish 3PL DSV has come to terms with the idea of looking for another partner after finding it increasingly difficult to engage with Panalpina (PAN), which is drafting its own plan to grow inorganically.
But DSV told The Loadstar that the executive board is united and committed to its existing growth strategy, adding that “DSV is not courting K+N”.
“One thing is speculation ...
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Alex Lennane
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