Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
Geodis is set to propel itself into the US market with a purchase of Ozburn-Hessey Logistics (OHL), the Tennessee company which was put up for sale by its private equity owners. Geodis, based in France, has missed a strong US network. It had in the past worked closely with Jacobsen, but The Loadstar understands that a proposal to acquire it was rejected by the Geodis board after the company completed its $1bn purchase of IBM’s logistics business. Jacobsen was subsequently bought by Norbert Dentressangle. But, according to various media reports, Geodis is now in talks to acquire OHL for some $800m.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Another strong month for US ports as container flows continue to rise
DSV chief reticent on Schenker: the focus on growing market share
Alex Lennane
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During August 2023, please contact
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