Fedex Freight spin-off – Christmas comes early
Santa FedEx
ID 3211736 © Demydenko Myhailo | Dreamstime.com
Early week musings are always intriguing.
Where to start today is simple: trying to put things and thoughts in order*, the M&A agenda that a senior forwarder shared with me on April Fool’s Day immediately sprang to my mind.
(*Just as earnings season this week soon takes over with UPS, Kuehne + Nagel, DSV and CH Robinson.)
It spanned:
1. Ceva to buy Geodis/Bolloré Logistics (note: confirmed, pending agreement)
2. Nippon Express to announce Vienna’s cargo-partner buy (am working on it, more rumours doing the ...
Comment on this article
Yashiv Nawaz
April 24, 2023 at 1:43 pmPerhaps this is the Dachser deal that was referred to: https://www.dachser.com/en/mediaroom/DACHSER-acquisition-in-Australia-and-New-Zealand-20998?bookmarked=false
Alessandro Pasetti
April 24, 2023 at 2:59 pmThanks for your comment. No it’s not the one, it was public already at the time as acknowledged in our previous coverage (see relevant hyperlink). Here: https://theloadstar.com/dachsers-ma-in-air-and-ocean-freight-how-serious-is-that/