Trucking capacity and storage costs under pressure as shippers re-route cargo
Trucking capacity, storage costs and rates are expected to come under pressure as shippers re-route ...
Oh Oh Oh XPO… here we go.
Together, yes combined again on a pro-forma basis, worth just over $124.5 a share at one point on Monday* – with GXO down 13.3%; XPO hammered, ? 9.7% – it was easy to refer to the XPO/GXO break-up (Part 1) as a highly problematic thesis to support from a value realisation perspective.
(*Leading the pack as the worst performers in my demo-only/income-growth all-in portfolio, moreover: it was a one-for-one XPO/GXP stock spin-off last summer, hence why ’1 ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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