Cargo carriers split on freighter strategy as Boeing delays extend
Cargo carriers are increasingly diverging on long-term fleet strategy as Boeing delays deepen, forcing ageing ...
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We can probably argue that Flexport’s latest quarterly financial achievement was a classic ’non-event’, based on scant disclosure from investor Shopify out yesterday.
Notably
A minority holder in Flexport, the Canadian shop booked the lowest value ever tied to the investee on its balance sheet.
Broken record, drawing from previous quarterly updates. At this rate, by 2031 or so, Flexport will be worth zero under Shopify’s long-term assets.
For a stake that is assumed to be just below one-fifth of the San Francisco-based company’s ...
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