August 31, 2019: DSV Panalpina transported its first Charter Network shipment for a aerospace manufacturer since the takeover.
The US Aerospace team of DSV flew aircraft engine parts on the 'Spirit of Panalpina' from Huntsville to Luxembourg on August 29.
The shipment made its onward via truck to Airbus’ production plant in Toulouse, France.
The engine parts, called thrust reversers, are produced by an aerospace manufacturer customer of DSV.
They go into aircraft engines and the engines are mounted onto Airbus A320neo aircraft.
Today (August 31), DSV Panalpina will handle another shipment - an engine overhauled in Hannover, Germany, that will be trucked to Luxembourg and flown the opposite direction across the Atlantic to Mexico via Huntsville.
DSV-Panalpina deal complete, soon to be known as DSV Panalpina A/S As of August 19, 2019, Danish transport and logistics company DSV A/S expects to settle the previously announced public exchange offer for all publicly held shares of Panalpina, in accordance with Swiss market practices.
With the conclusion of the settlement, the previously announced board changes in Panalpina will come into effect - Kurt Kokhauge Larsen will be chairman, and chief executive officer (CEO) Jens Bjørn Andersen, chief financial officer (CFO) Jens H Lund and independent deputy chairman of the board Thomas Stig Plenborg will be the members of Panalpina board, giving DSV full control over Panalpina.
Pending the approval at an extraordinary general meeting, DSV A/S will change its registered name to 'DSV Panalpina A/S'.
As the integration progresses, all subsidiaries and operational activities, however, will be united under the DSV's brand name.
DSV Nears Deal to shop for Panalpina once up supply
DSV A/S is nearing associate agreement to accumulate Panalpina Welttransport Holding conductor, Swiss people freight forwarder that’s been fighting for its independence, once the Danish admirer improved its supply, in line with folks acquainted with true.
An agreement may be declared as early as in the week, aforementioned the folks, the World Health Organization asked to not be known as a result of discussions area unit non-public.
DSV’s sugared bid has won the support of the Max Ernst Goehner Foundation, that owns forty-six % of Panalpina associated rebuffed an earlier supply, aforementioned the folks.
Talks area unit current and will still fall aside, the folks aforementioned.
DSV created associate initial 17O Swiss franc stock-and-cash supply for Panalpina in a Gregorian calendar month, before sweetening its initial bid to associate all-cash a hundred and eighty Swiss francs per share a month later, valuing the target at concerning four.3 billion Swiss francs $4.3 billion.
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Robinson Worldwide (United States)BDP International, Inc. (United States)Burris Logistics (United States)CEVA Logistics (Switzerland)DSV Panalpina A/S (Denmark)DB Schenker Logistics (Germany)FedEx Corporation (United States)J.B. Hunt Transport Services, Inc. (United States)Kerry Logistics (Hong Kong)Nippon Express (Japan)DB Schenker (Germany)DHL (Germany), andAgility Logistics (Kuwait), among others, Browse In-depth Market Research Report (190 pages) on Third-Party Logisticshttps://www.marketresearchfuture.com/reports/third-party-logistics-3pl-market-9996 Competitive LandscapeLarger investments in e-commerce technologies and solutions have enhanced the third-party logistics companies too.
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DSV Nears Deal to shop for Panalpina once up supply
DSV A/S is nearing associate agreement to accumulate Panalpina Welttransport Holding conductor, Swiss people freight forwarder that’s been fighting for its independence, once the Danish admirer improved its supply, in line with folks acquainted with true.
An agreement may be declared as early as in the week, aforementioned the folks, the World Health Organization asked to not be known as a result of discussions area unit non-public.
DSV’s sugared bid has won the support of the Max Ernst Goehner Foundation, that owns forty-six % of Panalpina associated rebuffed an earlier supply, aforementioned the folks.
Talks area unit current and will still fall aside, the folks aforementioned.
DSV created associate initial 17O Swiss franc stock-and-cash supply for Panalpina in a Gregorian calendar month, before sweetening its initial bid to associate all-cash a hundred and eighty Swiss francs per share a month later, valuing the target at concerning four.3 billion Swiss francs $4.3 billion.
