Latest news from Heavy Lift & Project Forwarding International Magazine

DSV says UTi takeover going well

April 11 - Following its acquisition of UTi, DSV says that its 100 largest clients have all committed to continuing business with the combined group.

DSV's chief executive officer Jens Bjoern Andersen says that keeping customers was a key part of DSV's post-merger plan, which includes synergies and cost reductions.

In an interview with Bloomberg, Andersen said that the first signs show the integration is going well and feedback from UTi's biggest customers has been very good.
He added that there have been no negative surprises and revealed that having bought more than 30 companies in the last 10 years, DSV has had more problems with the small acquisitions than the big ones, saying that it is often easier for people in a big company to adopt to the culture of another big company.

DSV closed the USD1.35 billion purchase of UTi in January 2016 and Andersen has also indicated that this is not the end of the company's acquisition programme.

Heavy Lift | News

Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 227
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
Views: 234
Big Bend Channel expanded thumbnail image

Big Bend Channel expanded

April 22 - Port Tampa Bay in Florida has completed the USD63 million expansion of the Big Bend Channel, one year ahead of schedule.
Views: 308
Penman joins Malin React thumbnail image

Penman joins Malin React

April 22 - Malin Group has named Graham Penman as business unit manager of its recently launched Malin React division.
Views: 1475

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