K+N 'still number-one' in air and ocean – but it's not all good news
Kuehne + Nagel claimed to have retained its position as “number-one globally” for sea and ...
© Mariakonosky
By Alex Lennane
Atlas Air is considering M&A options, following the best financial quarter in its history.
It saw net income rise to $199.5m, up from $74.1m a year earlier, and revenues exceed $1bn.
“We’re evaluating M&A opportunities, both in our immediate space as well as potential adjacent spaces,” revealed CFO Spencer Schwartz in an earnings call.
“But we’re taking a disciplined approach, given the current valuation, so we’re being careful and thoughtful.
“We think organic growth and M&A would generate the best returns for our shareholders, ...
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