European logistics rise after US and China reach deal to slash tariffs

Dsv A/S

12/05/2025 08:54

** Shares of European logistics companies rise after the U.S. and China agreed a deal to slash reciprocal tariffs

** Maersk MAERSKb.CO and Hapag-Lloyd HLAG.DE rise more than 10%

** Kuehne+Nagel KNIN.S up 6.7%, DSV DSV.CO and Deutsche Post DHLn.DE rise more than 3%

** Freight forwarders make money based on the volumes of global trade, thus lower trade barriers expand their profit flows, Bernstein analyst Alex Irving says

** The deal between the world's two biggest trade nations supports shares, Gian Marco Werro from Zürcher Kantonalbank also says

 (Reporting by Amir Orusov and Anastasiia Kozlova)

 ((Amir.orusov@thomsonreuters.com; Anastasiia.Kozlova@thomsonreuters.com))