Searching out deep value in US trucking
Weakness in the price?
The reason why I have not downgraded my personal fair value (FV) estimates of US-based XPO Logistics to the low/mid-$50s a share from $69.5 since the end of November is that takeover rumours continue to circulate around the US-based company.
And it’s just a matter of time, if weakness persists, I reckon, before opportunistic suitors try to secure a bargain basement deal.
Still looking for a floor in the high-$40s, its stock has plummeted since the beginning of the third quarter. Based ...
EXCLUSIVE: Indian digital forwarder Freightwalla shuttered
Peak season hopes dashed as freight rates slip again
Panama Canal restrictions could halt US coastal shift
Shippers hold back on contracts amid uncertainty and ample capacity
DB Schenker – sale, float, nothing
Airlines that adapt quickly will survive likely freight pain in H2
Carriers look for trade mix to stay in the black
Box lines look to slash their bloated equipment pools
Pessimistic Yang Ming to refocus on 3PL, terminals and yards
Freight slump does not stop US inland ports’ advance
Digital forwarder Freightwalla's failure reveals home truths
Comment on this article
Former Account ExecutiveMarch 20, 2019 at 9:01 pm
Probably went silent Monday as they were busy laying off myself and 30 other account executives.
Ale PasettiMarch 20, 2019 at 9:07 pm
We have heard about “some” cuts, but thanks for the insight and all the best to you.
Keep it up!