Conf call redux: ‘Remarkable’ Kuehne sniffs Asia and salmon-like deals (again)
The Swiss forwarder promises more of the same corporate strategy amid whopping rise in profits
With the small, under the radar sale of its container haulage and vehicle repairs businesses, LSE-listed Wincanton (£360m market cap) recently reduced its business lines to contract logistics (CL) focused on only four (operating) verticals.
In doing so, it has inadvertently contributed to spotlighting a new subset of listed transport and logistics corporates, aka pure-play CL operators (PPCLOs) – and yep, if no one else is claiming it, we’re coining that one at Premium.
It was pretty clear to most freight industry ...