'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
Here we go…
… we were prophetic, or just incredibly lucky, when in April last year, after talking to XPO’s strategy officer Ali Faghri, we wrote: ’On the road to glory with $100-plus XPO?’
Less than ten months later – record after record and one wise senior managerial appointment after another – the LTL specialist has tripled in value, now trading a whisker away from its all-time high of $96.96 set last Friday, 2 February.
Thank the trading update from Saia on that day* for ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article