How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Flying low, way too low…
There was less joy than pain embedded in the first-quarter results of Expeditors, which were released today before the US stock markets opened.
Surprisingly or not, its stock fell over 5% in early trade to $74.6 – it is still about seven bucks above my fair value estimates – to then recoup some of its lost value, and then fall again, confirming that only DSV, somehow, managed to beat the air market growth rates; the most bullish estimates both in ocean ...
Etail by air – here to stay or on a short shelf life?
Hong Kong drops out of world's top 10 busiest container ports
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Capture of MSC Aries will further drive up Indian export costs
Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
Cargo flows through Dubai delayed by flooding, with 300 flights cancelled
Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article