Comment / Analysis: logistics firms now count the real cost of dividends and buybacks

There has been lots of noise in our industry lately about dwindling funds and resources due to the Covid-19 crisis, as well poor capital allocation strategies – among airlines, for instance – that now return to haunt the weakest players financially.

Yet how much money has been burned by major transport and logistics players worldwide lately, in dividends and buybacks, with the aim of propping-up value?

Uh-oh. Now that every single penny counts, and a human tragedy unfolds – it’s over 130,000 lost souls ...