On the wires: Hapag-Lloyd – worth $76bn; Q1 $4.7bn income; 0.4% tax rate
There’s one for you, nineteen for me
“E-commerce continues to be a driving force of total U.S. domestic market growth. We are building our portfolio, networking capacity to best serve thousands of retailers in this space and we continue to differentiate for example, with the launch of the FedEx seven-day service. In 2020 FedEx Ground will deliver seven days a week year round for 80% of US GDP.” – Brie Carere, chief marketing and communications officer, conference call with analysts, 25 June 2019.
Defensive mode on? ...