'The Great Transport Value Play'
Where the wind blows
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Said to be the US’s largest privately owned trucking company, Schneider National is looking to raise over half a billion dollars from its partial IPO, launched on Friday. Although the controlling stake in the company will remain largely with the Schneider family, it appears the income will be reinvested in the firm rather than go to existing shareholders. Around $150m has been earmarked to clear debt, with the remainder set for general corporate expenses – which could include acquisitions as well as pursuing its ambition to convert the rented portion of its chassis fleet to company-owned.
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