K+N CEO Paul by the book – 'better to be safe than sorry'
Sheltering
Transport and logistics (T&L) is on everybody’s lips these days?
Quite casually (confirmation bias), on the day we argued that the buy-side seemed to have become more selective, Baird Equity Research (BER) released a comprehensive note on transport and logistics in which the analysts argued that, from a macroeconomic perspective, “leading indicators foreshadow weakening fundamentals”, and so the advice is to… indeed… “stay selective”. Okey dokey, folks.
And given the debacle that FedEx (FDX)* suffered overnight in after-hours trade (not totally unexpected, ...
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