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Last Wednesday, 22 February, before a four-day sky holiday at Passo Tonale near my home town in north Italy, I talked extensively to a bunch of Bernstein investors who wanted to know all about the future in T&L, during a session titled: “Freight forwarding in flux: how will M&A and vertical integration reshape the industry?”

If you have followed us, you’ll know that corporate change takes time to happen in the supply chain and so, while the big guns were undoubtedly ...

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