Clasquin sees margins squeezed in H1 as MSC takeover awaits clearance
French freight forwarder Clasquin, currently the subject of a takeover offer by the world’s largest ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
The half-year results are in for the three Japanese lines NYK, MOL and K Line, and it’s a mixed bag. K Line beats its profit forecast by just under 100%, benefitting from strong rates between Japan and North America; MOL saw its profits drop by 45% with slumping north-south volumes and port congestion in Asia denting earnings; and NYK was flat with cost cutting mitigating weak revenues
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