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 ...
We all read the full release here before the stock markets opened on Wednesday: DSV Panalpina (DSV PAN) has acquired Denmark’s Prime Cargo from the Mitsui-Soko Group in Japan.
Firstly, the financials were undisclosed. Secondly, as broadly expected, its stock was unchanged in early trade, then falling almost 1% ever closer to Dkr1,000 before bouncing back closer to its previous close, while most markets, including US futures, are deeply in the red today as Covid-19 bites.
Thirdly, to be sure, this is NOT exactly the ...
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