Knight-Swift – using one M&A side to (likely) finance another
Paying up to boost value, if it works, is marvellous
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Based on an interview with Sebastiaan Scholte, the highly articulate managing director of Jan de Rijk, for whom road feeder services to the air cargo industry represents about 40% of his business, growing handling problems at Europe’s largest airports are beginning to hit hauliers’ bottom lines. Schiphol, Charles de Gaulle, Frankfurt and Heathrow all present problems, particularly at peak times.
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