Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
“So it looks like our ATM Machine is heading south again. The Russia-Ukraine affairs are triggering the same reaction for others, take Expeditors and Kuehne + Nagel (K+N), it’s amazing. However, we are not now where the DSV board imagined we would be.”
Those were the remarks of DSV sources who have closely looked at the release of the annuals, the “calm before the storm“, and the consequent fall in the stock of the Danish forwarder today hitting another low of ...
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