'Forwarders hope DSV will win DB Schenker'
They say…
Pure-play contract logistics (CL) starlet GXO remains on the lookout for deals and value-accretive options, yet other worthwhile elements emerged from the call with analysts yesterday following the release of solid Q1 23 figures that boosted its stock* during a mixed session.
(*GXO up +2.9% to $54.7 vs S&P: -0.09%; Dow: +0.45%; Nasdaq Composite: +1.04%.)
One tiny little thing was noticeable, if you paid attention to the interims: margin-wise, it resembles a mini-Mærsk Logistics & Services (L&S), despite the different operational set-up. ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
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Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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