Topic: Freight forwarding

DSV withdraws guidance for 2020 as corona impact starts to show

DSV has withdrawn its 2020 guidance of USD 1.1 billion as the coronavirus outbreak is heavily affecting the company’s income. In February, the result was already USD 21 million below budget and with the virus...Read more

19-03-2020|Comment|author: Tobias Pieffers

Rhenus Logistics buys UK-based PSL Group

Rhenus Logistics has acquired 100% ownership of The PSL Group, a European express specialist based in the UK. Rhenus says the takeover will open up new opportunities, services, and expertise to the customers of both...Read more

05-09-2019|Comment|author: Tobias Pieffers

Rhenus Logistics continues American shopping spree

Rhenus has acquired the Miami-based international freight forwarder Freight Logistics. The takeover follows prior acquisitions in Brazil and Canada, all aimed at strengthening Rhenus’ position in the Americas. Freight Logistics was founded in 2001 in the...Read more

17-04-2019|Comment|author: Tobias Pieffers