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Panalpina’s largest shareholder rejects DSV takeover bid

On Monday, Panalpina’s largest shareholder, the Ernst Göhner Foundation, said it does not support the non-binding proposal from Denmark-based rival DSV to purchase the Swiss forwarding giant. About two weeks ago, Panalpina’s board said that “according to its fiduciary duties,” it would review the proposal with its professional advisers. The offer,

Panalpina confirms DSV takeover bid for US$4 billion

This morning, the Panalpina board of directors confirmed that it had received an unsolicited, non-binding proposal from Danish logistics rival DSV to purchase the Swiss forwarding giant.  The offer was for CHF170 per share, from a combination of cash and DSV shares, adding up to about US$4 billion. The board stated

DHL Supply Chain invests in automated technology to combat e-commerce challenges

  If you haven’t heard yet, e-commerce is having a significant impact on supply chains worldwide, especially during the current peak-season ramp-up. According to DHL, automation, in the form of robotics, artificial intelligence, self-driving vehicles and other technologies, can be the solution to handling the increase in volume. DHL Supply Chain, a

Amazon will impact U.S. Postal Service, Not FedEx – Fred Smith, CEO & Chairman Of FedEx Corp.

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration       On a recent trip to FedEx’s Asia Pacific headquarters, the company’s CEO stopped by Bloomberg to talk all things trade and Amazon. Fred Smith, founder, chairman and CEO of Memphis-based FedEx Corp.,

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