Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
On 25 July, I drafted the intro of a column on $8bn-market-cap Knight-Swift (KNX) that was never published. It comes in rather useful today.
Unedited, it read: If you have missed the remarkable corporate development of trucking and logistics master Knight-Swift in recent years, and now want to know more about near-term capital allocation plans – here comes a rather handy recap from its CFO Adam Miller, who entertained the sell-side analysts on Wednesday last week (20 July), saying:
“Since the 2017 Swift merger, we have ...
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
FAK rate hikes holding, with strong demand into peak season predicted
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article