Recent lay-offs in logistics could well be 'a harbinger of headwinds'
Last month saw a spate of layoffs in the logistics arena: in the space of ...
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© Andrey Popov
| Dreamstime.com
It’s that time of year when looking backwards can turn out to be extremely painful in transport and logistics (T&L).
Case in point: in mere capital appreciation terms, we have witnessed the mighty stock market fall of Kuehne + Nagel (K+N: -28%) this year (YTD), while Danish rival DSV has outperformed the Swiss forwarder by about +55% over the period – thanks, mostly, to the €14.3bn Schenker purchase.
It’s worse than its rival in forwarding on a slew of Q2/Q3 financial metrics ...
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