OceanX: Insight on consol sector (and other) M&A alongside Kuehne, DSV updates

The epic ’DSV vs K+N’ race passed another quarter, and now we do have Q3 results from both in.

In short, DSV is not realising Schenker synergies as fast as intended in parts of the combined business and is also losing some volumes in a growing Air & Sea market, but it is impressively cutting headcount in Air & Sea and returning to a very strong conversion ratio there.

Troubles in Road persist, as merging the two networks is certainly not easy, ...