M&A landscape: nothing chunky to buy, lots to break up
Inspired by the bear, threatened by the bull or vice versa?
As a strong earnings season for transport and logistics gets under way, a quality stamp on the success of the B2B segment of integrated logistics services provider UPS, came yesterday from the ever-sharp and vibrant CEO Carol Tomé (pictured below) during a call with analysts.
As soon as she got going, thanking the 500,000-plus UPSers around the world for their “dedication, hard work and efforts”, her initial remarks were focused and unambiguous.
Excerpt
She started with:
“Consolidated operating margin expanded to 14.4%, a 40 basis ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
ILA blames 'profiteering' foreign-shipping lines for US port strike
Talks rumoured to be underway after USMX urged ILA back to the table
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
USMX files unfair labour practice charge in bid to resume negotiations with ILA
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Comment on this article