How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Flying low, way too low…
Yes, Q1 22 has been very difficult for Expeditors – if all quarters were like that, however, there would be only winners in logistics.
To be sure, the cyber-attack that the Seattle-based 3PL faced and dealt with from 20 February, has caused one-off costs and charges of about $60m so far – our provisional range for cyber-related damage was $100m to $200m.
Buybacks were zero’d, down from $86m one year earlier, emergency budget sorted cash flow-wise.
Yet air and ocean volumes, oh dear ...
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
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