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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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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