DSV-Schenker Deal: A Game Changer in Global Logistics

DSV's CFO has revealed that the merger with Schenker will secure a 6-7% global market share. The DSV CEO reassures limited impact on blue-collar jobs in Germany, with future investments planned in IT, warehouses, and infrastructure. The combined entity will operate under the DSV brand.

DSV's Chief Financial Officer announced that the newly merged DSV-Schenker company will capture a 6-7% share of the global market.

The company's Chief Executive Officer confirmed alignment with German employee representatives on future investments in Germany, highlighting that the impact on blue-collar jobs would be minimal.

Future investments will focus on IT, warehouse development, and infrastructure modernization. The merged company will continue under the DSV brand, with the hope that the Deutsche Bahn board and the German government will support the transaction.

(With inputs from agencies.)