OceanX: China post-CNY – less cloud, more balloon; Mærsk's moves; a tough Q4
Things are looking up, in China at least
The corporate story of Chicago-based Echo Global Logistics is fascinating – it divides observers who think aggressive financial engineering is not a limitless panacea from those who believe the group has options to grow profitably, helped by M&A.
While crafting this column, I have also come to terms with the idea that fraudulent macroeconomic growth could continue to be the engine of its corporate strategy, as well as the corporate action of other asset-light companies among the broader transport and logistics operators. (I should make it very ...
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Alex Lennane
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During August 2023, please contact
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