Auto trade resilience explained
Not all verticals are created equal
On the day Kuehne + Nagel and CEVA Logistics sported, as expected, rather poor annual results, confirming trailing trends for some of their key financial metrics – the former needs direction and possibly a new-looking management team, while the latter burned $1m of cash each working day in 2018 – I am hitting the road to Basel, Switzerland, where tomorrow, the most talked about 3PL of the year, Panalpina, reports its annual results.
A press event is scheduled at the company’s ...
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