Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
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Sunburn risk highlighted ahead of earnings season was real, with several European players in transport and logistics struggling to recoup their lost value since early July.
Spare a thought for DSV, Mærsk and DHL Group, among others. One notable exception is Kuehne + Nagel (K+N).
On 3 July as I wrote ’Value destruction on the way’: its stock stood in the low Sfr260s, while now it trades about Sfr10 higher.
Resilient.
However, it was last week on 3 August that equity strategist Stefan Meyer from ...
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