From Robinson to Expeditors & UPS via K+N & DSV – the ladder is burning
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If you had the pleasure of joining the conference calls of DSV and Kuehne + Nagel with the analysts yesterday, you have most likely spotted the difference.
Particularly, I’d safely argue, when it boiled down to trying to understand the direction of yields* in air and ocean freight – all that matters for both firms’ value quest.
(*Aka gross profit per unit.)
The Danes weren’t willing to engage on that sort of guidance.
“We have moved away from giving specific guidance on the yields,” ...
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