Expeditors reports healthy growth in a 'frenzied landscape of tariffs'
The flurry of court cases surrounding Expeditors has not put it off its stride: in ...
… confirms what we have already figured out with all its larger rivals: quarterly net profit is in line with 2020 annual net income (check out the following table).
Meanwhile, similar considerations apply to ebit as revenues doubled thanks to freight rates doubling, while on the face of it the 47% adjusted ebitda margin was breath-taking.
Depreciation nearly doubled from a low comparable reading of $67m in Q1 20 (why that happened? Read on…), but $821m of ebitda conversion into core operating cash ...
European port congestion now at five-to-six days, and getting worse
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Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
Bottleneck fears as cargo growth outpaces airport infrastructure investment
Comment on this article
Chanoch Winnykamien
June 03, 2021 at 12:01 amI remembered your skeptical article about the new CEO when he took over the company after serving in the navy as a commander.
He literally saved ZIM.