Comment / Analysis: Magic Expeditors tops the major league – DSV, XPO et al chasing

Down 9.8% on a comparable basis, Expeditors was the best performer on the down slope among the top asset-light companies that have now reported Q1 ’20 figures.

By comparison, here are the others: Kuehne + Nagel (K+N; -23.3%); DSV Panalpina (-74%; it’s -34% once large restructuring costs per share are added back to EPS); XPO (-45.9%, reported; on a non-GAAP adjusted diluted EPS basis, it read -7.8%, but that’s another game) ; CH Robinson (-50.9%, ouch); and JB Hunt (-10.1%, wonderful) the one closely trailing ...