Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
One year ago, Expeditors traded in the high $70s a share, well above its current market value – which recently fell, unluckily, mainly due to headline risk, rather than fundamentals.
Before the market opens today, it reports its second-quarter (Q2) trading update, which essentially closes the earnings season for the 3PLs on our radar in the Western world.
“So far so good” doesn’t apply here, unfortunately, although some of the majors managed to weather the storm in the first six months of ...
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