The world’s two largest shipping companies went head-to-head today as DSV and Kuhne + Nagel (K+N) reported third-quarter results in a period of deep restructuring, and in an increasingly difficult market.
DSV saw its first full quarter impact on Schenker’s business, with ocean freight volumes growing 52% compared to the same period last year, although management admitted DSV volumes were only down 5% year-on-year.
This means that by a small margin…
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