The M&A window of opportunity is wide open
The bigger the better, on merit
Well, it was a rather phenomenal Tuesday both for TFI International and ArcBest, whose shares respectively ended the day up 7.2% and 17.% on the US market, which traded up on strength but gained only between 0.8% (Dow) and 2.1% (Nasdaq 100) yesterday.
(Note: TFI, or TFII herein, according to a broker’s note as well as its ticker, also trades on the Toronto Stock Exchange.)
While its daily success isn’t totally unexpected if you read our coverage on the day ahead of trade, ...
Four crew members still missing as Wan Hai 503 continues to burn
Predatory rivals circle as the ripples from DSV's Schenker buy widen
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz
Industry concerns rise after yet another box ship on fire off Indian coast
'It's driving us mad', say forwarders as US court fails to end tariff turmoil
Transpacific rates ease as capacity boost proves too much for trades to digest
CMA CGM 'testing the water' of the Suez Canal for more services
More legal trouble in India for MSC: feeder vessel detained after box ship disasters
Flexport: Sanne Manders talks profitability, fire-sales and Dave Clark
MSC to hold 15% global container terminal market share after Hutch buy
EXCLUSIVE: Schenker top exec departs 'One DSV' – fishing continues (Part 1)
EXCLUSIVE: The good old DSV, 'Winning as One' – all Schenker top dogs out (Part 2)
DHL makes €500m bid to increase its presence in 'fast-growing Gulf markets'
Comment on this article