Cash-rich Atlas Air – organic growth and M&A, 'all options are on the table'
Atlas Air is considering M&A options, following the best financial quarter in its history. It saw ...
Barron’s writes:
The CARES Act, the $2 trillion stimulus package signed into law on Friday, is a massive shot in the arm for a moribund economy, with payments and loan guarantees to workers, small businesses, and industries hard hit by the Covid-19 pandemic. The U.S. Postal Service is included in the act too—it allows USPS to borrow up to $10 billion from the Treasury.
The government wants to ensure mail and packages keep flowing during this unprecedented period of economic pause. It’s a necessary step given that logistics providers ...
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