Making sense of the sheer Amazon LTL nonsense
Thank the pros
Seldom, do three executives – CEO Harik, CFO Wismans, CSO Faghri – answer the multiple questions that came from the audience more exhaustively.
Their success, preceded by a formidable performance on the stock market since Friday of LTL rival ArcBest, hasn’t led to a new record for the old “XPO Logistics”, the one pro-forma umbrella company under which GXO + RXO + XPO operated and whose pro-forma aggregate value now ($50.48+$17.95+ $78.03=$146.46) is still slightly below previous all-in-one XPO Logistics records.
But $8.8bn-market-cap ...
TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Gemini schedule reliability falls below 90% target for the first time
Resumption of Suez transits in doubt after return of Red Sea hostilities
Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk in firing line over 'abandoned container' in Africa
Gemini carriers cut back loading allocations on challenging southern India trade
Forever 21 blames bankruptcy on de minimis exemption
Maersk assures shareholders arms shipments 'comply with regulations'
Comment on this article