Predatory rivals circle as the ripples from DSV's Schenker buy widen
Forwarders are awaiting the fallout from DSV’s purchase of DB Schenker – and the corresponding ...
JBHT: SURCHARGES ON THE MENUJBHT: TRADING UPDATE ON ITS WAYAMZN: FISHINGMAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
JBHT: SURCHARGES ON THE MENUJBHT: TRADING UPDATE ON ITS WAYAMZN: FISHINGMAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
DB Schenker is investing in technology. While last year it announced a five-year agreement with online shipping marketplace uShip; this year it is putting its money where its mouth is by investing $25m into the company. uShip is also a freight automation software provider, which has raised $50m so far. Its Drive4Schenker platform launched this month in Germany and will roll out through Europe, “optimising management of 5,000 loads a day with 30,000 DB Schenker transport providers”.
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