Deutsche Bahn’s board has approved the €14 billion sale of DB Schenker to Danish company DSV, but the German trade union EVG plans to oppose the deal, criticizing it as a misguided strategy. CVC, another bidder, claims that Deutsche Bahn favored DSV in a non-transparent process, arguing its bid is more economically beneficial. Kuehne+Nagel’s CEO emphasizes focusing on customer needs and organic growth while remaining open to strategic acquisitions. DHL is also pursuing a growth strategy, aiming for a 50% revenue increase by 2030 through investments in key sectors.

Source: https://www.stattimes.com/logistics/is-big-always-better-kuehnenagel-ceo-says-no-for-now-1353368