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
When the news hit the wires last week that e-commerce behemoth Amazon was trialling a delivery service to consumers that would also be offered to third-party retailers, I received a couple of calls from banking sources, one of whom asked: “Do you remember our chat this summer?”
“Of course,” I replied.
“FedEx could be readying to up the ante, to show Amazon who is in charge in delivery services worldwide,” he said.
This, in typical banking jargon, means that FedEx could be preparing a ...