Q1 'better than expected' for Maersk – but 'there's more pressure to come'
Stronger-than-expected demand and continuing disruption from the Red Sea crisis produced a better-than-expected return for ...
The probability that a cash-flushed ocean carrier or a financial sponsor would take a stake in DB Schenker must be gauged against its short-term appeal on the stock market.
Easy peasy.
Background
The EXCLUSIVE headline from Reuters – “Deutsche Bahn’s Schenker logistics business up for sale” – wooed the trade and finance last week, when it reported that the German government seems to have come to terms with the idea of monetising its ownership of the freight forwarding mammoth.
Emphasis in bold added to their reporting:
'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
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Ecommerce boom may be opening the doors for smugglers
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Don't chase that final dollar, warning to shippers delaying signing new contracts
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Airfreight contracts begin to reflect threat of a Q4 capacity crunch
Q1 'better than expected' for Maersk – but 'there's more pressure to come'
Comment on this article