Knight-Swift – using one M&A side to (likely) finance another
Paying up to boost value, if it works, is marvellous
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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