AOX

The CPI numbers out yesterday stateside at 8:30 ET were seriously, seriously damaging. No lucky 13, I’m afraid.

Not knowing before the event whether we’d be faced with a best- or bear-case, we sketched possible market reactions under both scenarios for major transport and logistics players DSV, Mærsk, Deutsche Post DHL and Kuehne + Nagel (K+N) – focusing on what could have happened to their valuations after a week of pain and joy, strictly in that order, on the stock markets.

Specifically, ...

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