DSV catches up with Kuehne – the two American stars lag
Yes, XPO is surely a sizeable target that could make sense, particularly after its plunge on the stock exchange, but CH Robinson remains cautious ? as it has always been in M&A.
In terms of firepower, it could easily add $1bn of debt to its balance sheet, pushing up its forward net leverage by around 2x, yet its conservative approach to deal-making makes it unlikely.
Meanwhile, its gross cash balances held abroad rose in 2018, as the table below shows, so capital ...
EXCLUSIVE: Indian digital forwarder Freightwalla shuttered
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Box lines look to slash their bloated equipment pools
Pessimistic Yang Ming to refocus on 3PL, terminals and yards
Freight slump does not stop US inland ports’ advance
Digital forwarder Freightwalla's failure reveals home truths
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