Against the odds: Thunderstruck – DSV, Kuehne and Mærsk all limping
It is pouring rain.
The FedEx Corp. headline story in the wake of fiscal third-quarter 2021 results released by the integrator yesterday after the US markets closed, unexpectedly pointed to an ‘unprecedented’ holiday shipping season, as CNBC reported.
Which helped the bulls confirm their bullish stance.
Among them, Goldman Sachs – incidentally advising XPO Logistics on its trucking/contract logistics break-up – is still predicting further upside for shareholders following another convincing trading update (we’ll get to it later on, briefly).
What that means is simple.
There remains a 22% ...