OX: Rates soar, yet seaborne trade landscape changing long-term
Looking ahead
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© Wanida Prapan
| Dreamstime.com
By Ruben Huber
Last week, Switzerland’s Kuehne + Nagel (K+N) and Denmark’s DSV reported their Q1 24 figures.
But you already knew that!
Both 3PLs were somewhat underwhelming vis-à-vis expectations and were subsequently punished by Mr Market, with a drop in their stock prices that only gave room to bottom fishing towards the end of the week (click to expand the table below) sourced from Premium’s DeskOne.
DSV’s interims broadly* ...
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