Against the odds: The Spirit decision makes DSV sexy? Hardly
The spirit of Panalpina is gone. Both the aircraft, and the spirit. But, to paraphrase ...
Remember our previous Black Monday coverage (“1.0”, as it turns out) just two weeks ago?
The headline from late February is here: “Billions wiped off supply chain value – DSV, APMM, K+N et al…”
And then the sadness we shared on other occasions thereafter (click here and here)?
In other words, the market has turned from BTFD to sell-the-rallies of the past week.
This being a short and orderly update of how badly things have gone since, the latest stock market hammering comes as I hear ...