FedEx: it sucks out there, forget inventory build-up
One positive: LTL spin-off…
‘Pedalling hard to stand still’ is probably as good a way as any to describe Kuehne+Nagel’s Q3 results.
Our most up-to-date nitty gritty on lofty matters, such as the Swiss forwarder’s valuation, can be accessed here.
But as usual we’ve also composed a more readable version of results day by lopping container loads of management-speak from the obligatory conference call.
The result? An abridged and not-exactly verbatim summary of management’s view (or lack of such) on matters ranging from M&A to the Covid-19 ...
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'To ship or not to ship', the question for US importers amid tariff uncertainty
'Chaos after chaos' coming from de minimis changes and more tariffs
Forto 'sharpens commercial priorities' as it lays off one-third of staff
List of blanked transpac sailings grows as trade war heats up and demand cools
EC approves DSV takeover of DB Schenker
Overcapacity looms for ocean trades – with more blanked sailings inevitable
Amazon Air’s metamorphosis: 'a different air cargo unit from two years ago'
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