In an air freight 'race-to-the-bottom', everyone loses
August began with members of the Letzte (Last) Generation climate activist group glueing themselves to ...
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
There is rather a mystifying article in CargoForwarder today, on the challenges faced by Leipzig/Halle (LEJ) airport and its holding company owner, MDF.
LEJ lost both Amazon and AirBridgeCargo as customers in recent years, and as a result has found the going tough. In February, MDF appointed a chief restructuring officer, Andreas Schafhirt, to sort it out – but he found a number of inconsistencies in MDF’s finances. The plot then thickens: Mr Schafhirt disappeared, and was reported missing at the end of April, and it is not clear if he is alive.
Cracking story from CargoForwarder, worth a read.
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