Another day, anther proposed debt placing for XPO Logistics… please find below the latest release broadly distributed and issued earlier today. Last month, its previous funding round received a strong response from the market (more here and here).
GREENWICH, Conn., …
China’s new ‘gate-in’ rule for air cargo has prompted fears of more freighters flying out empty.
Following some of the worst-ever cargo congestion at Shanghai PVG at the start of the month, which then spread to other airports, authorities issued …
Niche carrier Wan Hai was the only Taiwanese container line to post a net profit in the first quarter of this year as its larger compatriots, Evergreen and Yang Ming, traded in the red.
The parlous position of the liner …
It would be hard not to be impressed by Swissport UK CEO Jason Holt, who, at yesterday’s UK Transport Select Committee meeting, clearly laid out the challenges for both his company and rivals WFS, Menzies and Dnata.
He told the …
As US airlines grab their $50bn bailout with both hands, it’s hard not to think back, all the way to, oh, 10 months ago, when the big three were still complaining bitterly about the “funnelling [of] over $50bn in subsidies” …
“The likely tepid response to the airline crisis will equally be fragmented and nationally based. It will consist mostly of bailing out selected national airlines.
“If that is the default position, emerging from the crisis will be like entering a …
Seeking Alpha‘s IP Banking Research writes:
– Trading at 0.38x book with a wide margin of safety.
– A much better risk/return profile to investments in airlines.
– Fortress balance sheet and highly liquid.
– Should benefit from acceleration of …
