OOCL results point to loss of market share
Elevated freight rates over the course of last year nearly doubled Hong Kong-based Cosco subsidiary ...
“We think the best ROI on cash is to make an accretive acquisition, and that would be our top priority, but it’s got to be something that’s a good strategic fit, that’s integrateable, fits with our culture, fits with our strategy. So … we are actively engaged in looking at M&A opportunities because we do think that’s the best use of our cash.” – Doug Waggoner, chairman and CEO of Chicago-based Echo Global Logistics, 3 February 2021.
The fight between bulls and ...
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