Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
ID 171424735 © Ekaterina Chernysheva | Dreamstime.com
Having already speculated in November* that Geodis could be the alternative to Bolloré Logistics if CMA CGM pursues blockbuster logistics M&A, it’s time for the SNCF-owned 3PL’s headline fundamentals to speak.
(*With two follow-ups, as you presumably know, on 2 February and 7 February, respectively.)
Now that air and ocean freight behemoth Kuehne + Nagel from Switzerland has released its numbers, the 2022 headline financials of Geodis, released last Friday and concerning only a very limited set (in its usual fashion) of ...
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