Conference call redux: GXO sees value in key verticals
Clients ‘happy to pay’
MAERSK: NEARING ONE-YEAR HIGHFDX: FEDEX FREIGHT UPSIDEBA: TIME TO DELIVERFDX: EARNINGS RISKDSV: UPSIDEKNX: TIME TO SAY GOODBYEODFL: SET THE BAR HIGHBA: PIPELINEBA: SUPPLY CHAIN TESTAMZN: AI WAVESDHL: THE FRENCH CONNECTIONJBHT: MIND THE SPREAD
MAERSK: NEARING ONE-YEAR HIGHFDX: FEDEX FREIGHT UPSIDEBA: TIME TO DELIVERFDX: EARNINGS RISKDSV: UPSIDEKNX: TIME TO SAY GOODBYEODFL: SET THE BAR HIGHBA: PIPELINEBA: SUPPLY CHAIN TESTAMZN: AI WAVESDHL: THE FRENCH CONNECTIONJBHT: MIND THE SPREAD
Fictitious contracts, fake invoices, and illegal employment practices are catching up on Italian logistics operators following a major government crackdown, with some €26.5m in assets seized this month. That asset seizure comes just a few months on from prosecutors in Milan gaining control of €43m worth of assets belonging to industry heavyweight Rhenus, while last July saw more than €83m worth of belongings confiscated from GXO. Trans.Info breaks it down for you.
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