The container shipping industry might be in the midst of a severe downturn, but it would be even worse if the Pentagon wasn’t so tardy in returning empty containers. Over the last decade it has paid a whopping $610m in late return penalty fees and US senators, as one might expect, aren’t impressed.
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AMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISEBA: NEW LOWWTC: NEW DAY NEW HIGH DSV: SCHENKER BOOST DAY TWODSV: STOCK MARKET FALL ACCELERATES DSV: 'NON-EVENT' CONF CALL DSV: COUNTRY LEVEL REPORTING LINES DSV: 'WE ARE ENCOURAGED TO FIND A DEAL WITH THE UNIONS' DSV: SCHENKER DEBT REFINANCING RISK DSV: SCHENKER DEAL FUNDINGDSV: CUSTOMER OVERLAP