Logistics Giant DSV Hits Pause on US- Mexico Investments
CEO Jens H. Lund says once-rapid growth has 'gone out of' cross-border trade
DSV, one of the world's largest logistics companies, is pulling back on investments along the U.S.-Mexico border because of a slowdown in trade caused by tariffs.
Jens H. Lund, DSV's CEO, said the Denmark-based provider of warehousing and shipping by air, ocean and road has paused a planned cross-border trucking expansion and is slowing other investments pending more clarity on U.S. trade policy with Mexico...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.