OceanX: China post-CNY – less cloud, more balloon; Mærsk's moves; a tough Q4
Things are looking up, in China at least
Asset-light, Chicago-based Echo Global Logistics is on a roll.
In 2005 it set out “with one simple objective — to take the ‘complicated’ out of transportation management”. And it did it using a proprietary technology platform.
Just a decade later, its tailored supply chain management solutions command an equity valuation of $1bn. Its acquisition-led strategy, a balanced capital structure and an outstanding growth rate all contributed to a surge in its valuation in recent times, but its fortunes are deeper-rooted.
Its aggressive compensation ...
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