Top forwarders all set for cash flow boost as earnings sag
When being flush is bad
It’s all about the yield attached to freight in air and ocean. Nothing else matters these days as freight forwarders are in full defensive mode. If you have followed the success story of DSV, particularly ex-M&A when deals aren’t done, you’d know that.
(Nice and sweet, if you don’t expand/broaden the search.)
Today, the Danes reported their Q1 23 numbers and the key readings for its core ocean and air division that were really, really cool, with GP/ton and GP/teu, respectively, at ...
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