Vector Logistics – AP Møller Capital acts as 'distressed buyer'
Freeze! Underneath the thick, icy surface…
After some back and forth, flirting with new records from earlier this year, WiseTech (WTC) today hit a new milestone: A$64.86 a share. Closing price: A$63.
In short: +28% year-to-date; +42% over a one-year period and; +498.29% since the same day five years ago.
Remarkable. Even more so, for two reasons (we’ll get to Mærsk in a second).
Firstly, since we talked to CEO and founder Richard White on 22 February – closing price then, when results were out: A$58.2 – the stock appreciation ...
Container shipping can see ‘green shoots’ of freight demand recovery
B: China, Brazil strike deal to ditch dollar for trade
Supply chains 'finally beginning to stabilise', says Maersk
Maersk 'on a journey' as it snaps up frozen foods logistics specialist
ONE becomes joint-owner of Seaspan Corp in $11bn takeover
DB Schenker sale – storm clouds gathering
AirBridgeCargo to relaunch with Russian aircraft, amid legal wrangles
Shippers reject carriers' opposition to ending anti-trust rules
Winning the race to 2026: Kuehne vs DSV vs DHL Global Forwarding
Marshall Islands in urgent talks with carriers after cargo is stranded by ban
Ceva reorg accelerates as rumours give way to action
Yang Ming says shippers taking time to commit to contracts as rates fall
Comment on this article