Tariff exposure round-up – Fedex, UPS, CH Robinson & Expeditors
…and the Class I railroads?
CH Robinson and DSV may be different kinds of businesses, but they both experienced a poor fourth quarter – as well as offering lacklustre (or perhaps, dull) earnings calls.
DSV preferred to focus on its record results in full-year 2022, with group sales of $38.8bn, for a $2.6bn profit, and $3.7bn ebit.
Group CEO Jens Bjørn Andersen noted “it was the best ebit this company has ever seen. We can be happy, we can be proud” – although he quickly corrected himself ...
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