Comment / From Flexport's KKR deal to credit losses at Kuehne, FedEx et al

ID 111088936 © Crazymouse | Dreamstime.com

News that Flexport’s captive financing arm recently secured the backing of private equity house KKR while one of its clients went belly up – whether the two events are related or not; there’s no hard evidence they are – has left us wondering… what’s under the (corporate) carpet in terms of counter-party risk, specifically as far as short-term credit due within a year is concerned.

So, brain cursor on the move to: Balance sheet ––> Current assets ––> Accounts receivable ––> ’CTRL ...