Bolloré bounce boosts CMA CGM Q2 revenues, but job worries persist
CMA CGM Group has announced a “robust performance” in the second quarter, with revenues up ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
2018 has begun with a rash of rumours about the possibility of US retail behemoth Home Depot making a bid for XPO Logistics, which is being valued by analysts in the $9bn region. The reason given is that the Home Depot board has been looking at how to defend its business from the Amazon threat and concluded that a large-scale investment in logistics might be key, according to this report from Recode. It’s a fascinating idea, but probably likely to remain just that, says this post from Freight Waves, which cites analyst Stifel as claiming the deal won’t go ahead for two reasons: Home Depot only accounts for 3-4% of XPO’s revenues; and secondly XPO is sitting on a huge pile of cash, and there’s very little point in buying money
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