While there were double-digit increases all round for Agility in its 2018 results, all eyes are on its potential tie-up with Panalpina.
In an earnings call, chief financial officer Ehab Aziz said he had no information to give on the structure of any deal.
He said the move was driven by “pure industrial logic” and confirmed that only Global Integrated Logistics, which is based in Switzerland, was part of the discussions.
Mr Aziz …
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Source: The Loadstar
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