'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
Here we go…
US LTL specialist XPO – the best performer of 2023, +85%, of all tickers on our radar – set a new record of $61.74 a share on Friday after several choppy sessions on the stock market last week, affecting various verticals.
As if the top news of Q2 23* – with the major highlight and value booster: the appointment of COO Dave Bates from sector benchmark Old Dominion – was not enough, the Yellow Corp-would-it-go-under-would-it-not saga (all episodes are here) has ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article