DB chief praises Schenker H1 performance amid group's poor results
DB Schenker has again propped up parent Deutsche Bahn’s poor half-year results, despite falling rates. Sales ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
GlobalTranz and Worldwide Express are to merge in the third quarter of this year. The transaction is led by a consortium of private equity partners, led by CVC Capital and GlobalTranz’s lead investors, Providence Equity Partners and PSG. Worldwide Express investor Ridgemont Equity Partners, as well as both forwarders’ managements, will retain “a significant stake”. Chief executive of Worldwide Express Tom Madine will lead the merged company. The operators said they had “complementary strengths”, giving them market-leading products in LTL, FTL and managed transport.
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