Transpac benchmark Kerry Logistics: a mixed bag? Or...?
Please take heed
“Valuation still stretched after share price correction: SF’s share price has dropped c.20% after the announcement of a surprising Q1 ’21 net loss.” UBS noted this week in a note titled: “Is the recent correction a buying opportunity?”
Also, what about the M&A fillip? Gone.
The broker, which didn’t touch upon that side of things, however – reiterating its “Sell” recommendation but predicting more downside – is concerned about other matters as far as the purchase of Kerry is concerned, as “we see further downside ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
Comment on this article