hide and seek

Against the odds: Kuehne + Nagel – simply self-fulfilling prophecies

It was really, really tempting today to take another deep(er) look at vertical consolidation via a brand new “Against the odds: Kuehne + Mærsk – simply revisited” after our October 2020 “Kuehne + Mærsk – the night is still young, but…“.
Umbilical cord
Buoyant freight trades across several modes of transport are a boon for those major actors controlling the assets as much as for those controlling the client, and hence holding the relationship with the …

The post Against the odds: Kuehne + Nagel –...

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Monday rant: Why DSV & DP DHL, ‘unexpectedly’ and shamelessly, raise the bar high

Picking the right fights is a hard thing to do, but some are so obvious that even my nine-year-old boy, Matteo, would know where to look.
Hence briefly today, let’s touch upon one the most disturbing aspects of logistics wonderland. That is, if you do well, reeeaaally well, mainly thanks to a planet on the brink of a healthcare disaster in so many spots – you must tell everybody everything about …

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Market insight: Coming soon: another major hire at AP Møller-Mærsk via (DSV) Panalpina

Let’s start this week with one side of AP Møller-Mærsk’s (APMM) corporate story given the latest rumoured appointment of a senior Vice President from the Panalpina side of the DSV fence…
… which makes APMM’s major re-org round unmissable, as a new challenge thrown at the 3PLs is set to gain traction in the upcoming weeks through to 2021.
Menu
Here is a bit of gravy on the juicy, spicy meat served as …

The post Market insight: Coming soon: another major hire at AP Møller-Mærsk via (DSV) Panalpina

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Against the odds: DSV hits new high as K+N goes back to the future

February 20, 2020: Here comes another milestone for Denmark’s DSV Panalpina (DSV PAN) as its stock finally broke through the Dkr800 threshold at least momentarily in early trade today.
Unfortunately, the party was swiftly partly spoiled by compatriot, asset-heavy carrier AP Møller-Mærsk (APMM). But even more relevant this week – for those keen to track corporate model changes – were the latest developments at Kuehne + Nagel, one of DSV PAN’s closest …

The post Against the odds: DSV hits new high...

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Supply chain radar: DSV Panalpina – on the road to the unknown…

Jens Bjørn Andersen is a phenomenal executive.
There is so little love and so much drive embedded in his company’s annual results that it’s almost unbelievable.
Naturally, “delivering on targets” in the table above might well read “delivering on financial engineering”. Minutiae.
The numbers are not really comparable against last year’s figures, but we knew this was part of the DSV Panalpina “merger” story for the Danes.
As with UTi Worldwide five years ago, …

The post Supply chain radar: DSV...

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M&A radar: DSV Panalpina – it’s all about the money, stupid

“A number of Panalpina employees in Switzerland have contacted DSV’s major shareholder the Ernst Göhner Foundation in a dispute about major layoffs. The hope is that the foundation can help the employees ensure better severance packages. The dispute especially concerns financial compensation.” – ShippingWatch, 9 December (sub required). 
Now it gets really exciting, with the Ernst Göhner Foundation (EGF) – which controlled 45.89% of PAN, and now almost 11% of DSV Panalpina – central …

The post M&...

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Market Insight: DSV Panalpina – ‘achieving more with less’. What about that?

We have the best readers ever on Premium – particularly those caring employees and managers of DSV Panalpina for whom #AchievingMoreTogether (89 followers; ~ 0.15% of the combined DSV + PAN workforce) has become a way of life.
One kindly reached out yesterday: “You appear to be back on-line. I hope you were on vacation last week. We were beginning to get worried about you. Should warn us next time, so we know …

The post Market Insight: DSV Panalpina – ‘achieving more with less’. What about that?

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On the wires: A Hapag-Lloyd + ONE merger? Please…

“At the first annual meeting of the newly born Italian shipowner association, Assarmatori, the executive chairman of Mediterranean Shipping Company (MSC), Gianluigi Aponte, was asked who might be next in the great wave of container shipping consolidation. The shipping veteran said eventually he expected Japan’s Ocean Network Express (ONE) and Hamburg-based Hapag-Lloyd would one day join forces.” Splash 24/7, 23 July 2019. 
A disaster waiting to happen? Hapag-Lloyd has just recently managed to …

T...

https://theloadstar.com/on-the-wires-a-hapag-lloyd-one-merger-please/

Supply chain radar: Why the Sfr5.5bn takeover of Panalpina is even more expensive than we thought

“Here we go: Panalpina (PAN)’s first-quarter (Q1) EPS numbers [only slightly lower than comparable, record Q115 EPS since 2015] were just an exception earlier this year. What else?”
The Swiss 3PL was the first to report today, in what could well be the beginning of the hottest earnings seasons in recent memory for air and ocean freight operators.
In April, when we bumped into Panalpina’s quarterly update, the choice was to either blame, …

The post Supply chain radar: Why the Sfr5.5bn takeover of...

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Market insight: A ‘semi-secretive’ town hall in Chicago? It’s business as usual for Panalpina & DSV

“Could you please tell me why the story about Panalpina (PAN) execs meetings in Chicago was removed? I can not find it anywhere” – a Loadstar Premium reader.
As many of our readers noticed, a DSV/Panalpina “Market Insight” column published by Premium on Wednesday, 5 June, was temporarily put on hold. We apologise for that.
However, it was necessary to give more time to the parties involved to comment on one of …

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