Global logistics provider DSV is to acquire Swiss rival Panalpina in a £3.51bn deal that will create the world’s fourth largest logistics company behind Deutsche Post DHL, Kuehne+Nagel and DB Schenker. Panalpina’s board has agreed to a revised offer described by chairman Peter Uber described as “very attractive.” The Panalpina board has recommended the deal to its shareholders. The acquisition will create a company with a revenue of around £13.55bn and a workforce of 60,000 employees in 90 countries. DSV […]
Tradeteam may have averted a rolling programme of strikes among its staff of drivers, draymen and warehouse workers at its Enfield depot after it put forward an improved pay offer following an apparent U-turn.
DHL Supply Chain is to spend £8.8m on a new shared user hub at Heathrow airport for its airline catering contracts.