Logistics briefing provides industry news & briefs written by expert researchers & analysts.
Wednesday 28th August 2024
Schenker sale near as CVC and DSV compete
By Thomas Cullen, Ti
Media reports suggest that the process of selling Schenker is approaching its conclusion, with both Reuters and Bloomberg basing reports about the sale on quotes from “people familiar with the matter”.
Kirsty Adams
Logistics Briefing Editor
No-one said growth and consolidation in the logistics sector would be easy, and this week’s briefs are a reminder of that. Schneider National has – according to Ti analyst Richard Shrubb – landed on the dreaded less-green grass following its split from former partner BNSF. Read the full results with analysis here.
Logistics service provider DSV and a consortium of businesses led by the investment company CVC Capital Partners remain in the ‘race’ to buy Schenker. Will the German government retain some sort of involvement? Read analysis from our Chief Analyst Thomas Cullen here.
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Schneider National finds that the grass may not be greenerBy Richard Shrubb, Ti In parting ways with its old railroad partner BNSF for a new relationship with Union Pacific, US trucking giant Schneider National has found that the grass isn’t always greener on the other side. Read more here. Cool chain will be critical to mpox vaccine roll out in AfricaBy John Manners-Bell, Ti mpox is having a major impact to communities and economies in parts of Africa and the roll out of vaccine programmes must take place swiftly. The global supply chain industry will play an important part in these efforts. Read more here. |
Webinar: Ti's Air & Ocean Freight Rate Tracker: Q3 2024 Thursday 5th September Understand quarterly freight rate outlook for the year ahead. |
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