Conf call redux: Strong Zim 'navigating the external uncertainties'
Zim – lucky and good
In the circumstances – global pandemic, shuttered industries, and so forth – tech-savvy XPO Logistics had a fair Q1 ’20.
Meanwhile, in the current Q2 ’20 the group is taking action to prevent Covid-19 from badly harming its financials, keeping pretty busy by managing its debt maturity profile thanks to the full backing of debt as well as equity investors, with the shares back up in the mid-$70s after hitting about half of that value in mid-March.
Background: XPO has raised over $1.1bn ...
Bad news for shippers as wave of transpacific rate increases continues
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Rapid transpacific capacity build-up continues – can USWC ports handle it?
Schenker's Shirley Sharma Paterson moves to K+N as global head of sales
Red Sea crisis has driven most new capacity into extended Asia-Europe trades
Carriers on the hunt for open tonnage again as transpacific rates soar
Dates to watch for in the latest chapter of TACO's tariff travail
Freighter capacity on the rise, with air cargo demand expected to pick up
Comment on this article