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Comment / Supply chain radar: DSV & K+N vs XPO & CHRW et al – Europeans beat Americans to the punch

Knock
By

Eagerly waiting for the third quarter (Q3) results of one of the best 3PLs in the US and one of the worst in Europe – respectively Expeditors (5 November) and Ceva Logistics (25 November) – we have luckily received one unequivocal message this earnings season from the top four players that have already reported their interims: the Europeans are better off.

And that’s reflected in their fundamentals, let alone their share price performances post-Q3 results.

Growth

The narrative for 3PLs is mainly organic ...

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