All DSV Panalpina articles – Page 3
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News
Speculation over DSV Panalpina’s next takeover target
Investment bank Berenberg has taken a look at suitable takeover targets for fast growing forwarder DSV Panalpina.Although the Copenhagen-headquartered company is still busy digesting its largest acquisition to date, Panalpina, it has already indicated its appetite for further acquisitions, in particular of companies with a strong road transport business.In a ...
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News
DSV Panalpina continues talks with head office staff
DSV Panalpina is continuing negotiations with employees that will lose their jobs as a result of a headquarter move from Basel to Copenhagen, but will miss the initial deadline for the talks' completion.In an update, the company said that while both intent and hope were to arrive at a mutually-agreed ...
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NewsDSV Panalpina transaction ‘all-important’
Denmark-headquartered multimodal forwarder DSV Panalpina Group has highlighted the role of DSV’s acquisition of Panalpina in its third-quarter results.Jens Bjørn Andersen, group chief executive, said: “The closing of the Panalpina transaction on 19 August was the all-important event in Q3. We have had a good start to the integration and ...
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NewsDSV Panalpina integration continues in North America
DSV Panalpina AtlantaPanalpina personnel in North America are currently undergoing training to use DSV Air & Sea’s transport management system as the two companies continue their integration.Ultimately, the goal is to transfer all customers and volumes from Panalpina’s to DSV’s system, and to have all freight forwarders within Air & ...
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NewsDSV Canada to employ DDC drone at Milton HQ
Drone Delivery Canada (DDC) has entered into a commercial agreement with DSV Air & Sea Canada to deploy DDC’s drone delivery platform with the Canadian arm of the global transport and logistics company DSV Panalpina.Initial deployment will be at DSV Air & Sea Canada’s new head office and warehouse in ...
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News
DSV Panalpina warns of job cuts during restructure
DSV Panalpina Group has announced the possibility of job cuts as it relocates the former Panalpina headquarters (in Basel) to its headquarters in Denmark.The company said it is finalising its analysis of the impact on corporate functions at the former Panalpina headquarters but warned the relocation could result in up ...
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NewsNo rest for DSV Panalpina as it plans for more acquisitions
DSV Panalpina is planning to once again hit the acquisition trail in 12-18 months time, with “larger rather than smaller” companies targeted, says its new chairman Thomas Plenborg.He specifies that “additions within road are likely to be on the radar next” especially when the road division’s new transport management system ...
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NewsDSV Panalpina carries out first shipment through its combined network
DSV Panalpina has carried out its first shipments as one company, following their merger (completed on August 19) which created the second-largest airfreight forwarder in the world.Last Thursday, DSV Panalpina's successful shipment of thurst reverser engine parts from Huntsville, US, to Luxembourg, marked the first time that the newly-formed company ...
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