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, ...
Stuck at around Dkr1,300 a share, with momentum giving way to headwinds and risk hedging on the stock market, DSV is preparing for a big event in Copenhagen as palpitations are felt across the group, if you talk to insiders.
The Danish powerhouse – unanimously considered to be the one to beat in forwarding, still in this market – is closing a Q3 23 stint that, based on the anecdotal evidence we have gathered in recent weeks, could be significantly worse ...
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
MSC Elsa 3 sinking – now the 'blame game' begins
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
News in Brief Podcast | Week 21 | GRIs and European port congestion
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
Bad news for shippers as wave of transpacific rate increases continues
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Shippers brace for rate rise as smart phones expected to drive air cargo market
Comment on this article
Scott Smalley
September 29, 2023 at 3:35 amWe will ENJOY indeed!
Alessandro Pasetti
September 29, 2023 at 6:33 amCheers!