A joint DHL + Mærsk effort – what investors want
From a formidable duo to pale face
There’s no particular event-driven news propping up the value trade in container shipping but we have reached that moment again when Germany’s Hapag-Lloyd, ahead of ex-dividend day, is overshooting.
Now worth over €60bn on the stock market…
… remarkably, some €30bn more than the entire AP Møller-Mærsk ––> meanwhile, its trading multiples are out of whack with any reasonable scenario on a forward basis (click to expand the table below).
Moreover, its €359.2 closing price* on Tuesday, 18 April, is over twice as ...
EXCLUSIVE: Indian digital forwarder Freightwalla shuttered
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Panama Canal restrictions could halt US coastal shift
Shippers hold back on contracts amid uncertainty and ample capacity
DB Schenker – sale, float, nothing
Airlines that adapt quickly will survive likely freight pain in H2
Carriers look for trade mix to stay in the black
Box lines look to slash their bloated equipment pools
Pessimistic Yang Ming to refocus on 3PL, terminals and yards
Freight slump does not stop US inland ports’ advance
Digital forwarder Freightwalla's failure reveals home truths
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