Air Incheon selected as preferred buyer of Asiana Airlines cargo business
Air Incheon is set to become South Korea’s second-largest cargo airline, being selected today as ...
A firm’s corporate story is one thing, but its stock story is entirely different: seldom has this been more relevant than with New Zealand’s Mainfreight (MFT), a crown jewel in the T&L arena.
Fair point?
I certainly think so.
Briefly: trading at between 1.4x (trough) and 2x (ceiling, fiscal 2021) EV/revenues in the fiscal 2020-22 period, MFT’s EV/Ebitda multiples ranged between 10.7x and 15x in the past three fiscal years, according to S&P Global Market Intelligence.
(EV = enterprise value. Its fiscal year runs ...
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
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article