'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
Here we go…
It’s generally been a rotten earnings season for North American less-than-truckload (LTL) players.
(BLOODBATH! DeskOne called it at one point at the end of April, one excerpt here: “Its worst week in recent memory in the wake of results from Old Dominion and Saia – the latter clocked -21% on 26 April, after sector benchmark Old Dominion had already shed over 10% two days earlier”).
And so, as analysts digested XPO Logistics’ quarterly earnings that outshone its rivals on pretty much every ...
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