DSV chief reticent on Schenker: the focus on growing market share
DSV focused on gains in market share, organic growth and making investors confident in its ...
Good news for Danish 3PL DSV and its investors – apparently the 100 largest customers of UTi Worldwide, a US forwarder it bought for $1.35bn earlier this year, have committed to keeping their business with the newly enlarged company. With enormous cost synergies needing to be pushed through to justify the acquisition price tag, customer retention – so often the Achilles heel of what initially seem like tantalising takeover deals – was always going to be a huge priority. And chief executive Jens Andersen told Bloomberg that it could start looking for its next purchase as soon as next year: “We could possibly be ready for a new acquisition toward the end of 2017, but we need to be done with the integration of UTi first.”
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article