Comment / Expeditors – staff dynamics, layoffs... and tech as a substitute

ID 36402227 © Kianlin | Dreamstime.com

We have all figured out already, I guess, how bad the situation is at Expeditors (EXPD) nowadays.

(Are you one of the few who hasn’t? Read ’…Expeditors has a cost problem?’)

Background

Remember we are in a market where DSV is reorganising its corporate tree; Kuehne + Nagel has a global hiring freeze in place; DHL Global Forwarding has more fat to cut (base case: 5%-to-10%); Ceva Logistics remains in restructuring mode as it integrates Bolloré Logistics, with strong focus on its cost ...