SGL eyes 'big' M&A deals, and declares itself the 'acquirer of choice'
Scan Global Logistics (SGL) looks to be shaping itself to be the next DSV, noting ...
Down 9.8% on a comparable basis, Expeditors was the best performer on the down slope among the top asset-light companies that have now reported Q1 ’20 figures.
By comparison, here are the others: Kuehne + Nagel (K+N; -23.3%); DSV Panalpina (-74%; it’s -34% once large restructuring costs per share are added back to EPS); XPO (-45.9%, reported; on a non-GAAP adjusted diluted EPS basis, it read -7.8%, but that’s another game) ; CH Robinson (-50.9%, ouch); and JB Hunt (-10.1%, wonderful) the one closely trailing ...
'Mass-casualty incident' as Maersk box ship destroys Baltimore bridge
Shock for CMA CGM as a deputy CEO decides to quit
Diversions from Red Sea proving a real ‘silver lining’ for carriers
Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion
Could the Dali have suffered a power loss before bridge crash?
Strike paralysing Finnish ports extended after talks collapse
Indian Customs to auction uncleared export boxes at Nhava Sheva
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