Agility may have reported a bounce of 4.1% in Q1 profits, but is likely to remember the period more for its failure to agree a deal with Panalpina as it looked for growth through consolidation.
For a while, it appeared the Kuwait-headquartered operator was going head-to-head with DSV for Panalpina, but on 1 April DSV won the race.
It may be that Panalpina simply used Agility to get the best price it …
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Source: The Loadstar