'The Great Transport Value Play'
Where the wind blows
When you read that a US trucker of Ryder System’s calibre believes that bowing to private equity (PE) – at a price just about 10% lower than its stock’s all-time-long-gone high – isn’t worth it, you have to question the rationale.
Or maybe management simply decided to play hard ball, casually on their “2022 Investor Day“, in order to fetch a premium valuation.
How you dare?
A three-digit figure starting with “1” (per share, currently $82.4) would most likely carry the deal over ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article