SEEKING ALPHA reports:
– XPO Logistics (NYSE:XPO): Q4 Non-GAAP EPS of $1.19 beats by $0.52; GAAP EPS of $0.91 beats by $0.15.
– Revenue of $4.67B (+12.8% Y/Y) beats by $420M.
To read the full post, please click here.
More …
Is Hutchison Port Holdings Trust (HPHT) on the way to snatching victory from the jaws of defeat?
That’s a totally fair question.
And a very reasonable answer is a resounding yes.
Background
The 2011 Hutchison announcement that it would hive …
sennder, Europe’s leading digital road freight forwarder, and Zeitfracht, the Berlin based logistics company, will advance the digitalization of European road freight through a new strategic partnership. Zeitfracht will digitally map all of its transport processes via sennder’s new Software-As-A-Service …
Chinese express giant SF Holding is to acquire a 51.8% stake in Hong Kong’s Kerry Logistics Network – a landmark $2.3bn deal creating the “biggest logistics group in Asia”.
In a filing to the Shenzhen stock exchange late last night, …
Danish shipping and logistics group Maersk reported a net profit of $1.3bn for fourth quarter of 2020, with an even better result expected for Q1 21.
“We are full,” said CEO Soren Skou today, adding that Maersk’s liner sector is …
Hopes for a recovery in bellyhold airfreight capacity to relieve the tight lift situation are fading as passenger traffic suffers setbacks from the Covid-19 pandemic.
Faced with high prices and a shortage of services, forwarders are reinforcing their dedicated lift …
DSV’s appetite for M&A is “bigger than ever” and it is “ready for new adventures” this year.
Chief executive Jens Bjørn Andersen told investors DSV would be much more active this year, with potential targets that “we are excited about”.…
