'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
Here we go…
While bombarding the audience with a slew of very robust metrics; humbly promoting achieved and achievable targets; and disclosing an earnings deck packed with sequential and year-on-year growth rates that were nothing short of phenomenal across the business portfolio…
… friendly CH Robinson CEO Bob Biesterfeld (pictured above), his pragmatism and confidence uppermost as usual, hit the jackpot talking up Q2 22 figures for the US-based 3PL with the sell-side yesterday after the US trading session ended.
Of interest, core trucking and LTL ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Comment on this article