Port privatisation off, but Santos STS10 terminal concession will be up for grabs
Brazil’s Ministry for Ports and Airports has decided to expand the container handling capacity of ...
Investors in XPO Logistics must be experiencing that feeling when you pump up a tyre and realise you haven’t fixed the puncture.
The $5.5bn market cap US-focused final-mile logistics corporation was, until recently, an $11bn market cap player. Hammered by a critical (and hotly contested) shortseller report in December, XPO has countered by buying back its own stock, but to little avail – is it doing so to prevent a takeover at a bargain price?
That is a legitimate question. From a peak ...
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