M&A landscape: nothing chunky to buy, lots to break up
Inspired by the bear, threatened by the bull or vice versa?
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
US 3PL Expeditors released an operational update yesterday, according to which:
“Our response teams have made meaningful progress in restoration efforts after our recent cyber-attack. While at present we are operating within our business continuity plan, Expeditors anticipates our enterprise brokerage system will begin to come online this week, allowing our employees to support our clients using this system.
It added:
“We are working to bring additional enterprise systems online and continue to operate on backup systems. EDI/API connectivity, transportation, accounting, and systems adjacent to brokerage, such as distribution, order management, and other related solutions, will be the next to come back online.
“Absent unforeseen circumstances, we currently expect that system resumption will continue this week and into the next few weeks ahead.
“Our work with law enforcement and private sector security organizations to help protect ourselves and others is ongoing.”
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