Timeline essential: DSV + Schenker – final deadline approaches
‘Hey love, it’s late, we keep going?’
Counterintuitively or not, a few things stand out with Ryder System (R) from Miami, whose stock last Friday hit a multi-year record of $97.26 that isn’t far off the zenith it reached in Q2 15.
It retraced in the past 24 hours as shaky stock markets prevailed, but today, this $4.6bn-market cap trucking and contract logistics company is stronger – and fully focused on delivering value to shareholders.
Even more so than in the past, it seems.
Also helped by buoyant buyout rumours ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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