Supply chain radar: Expeditors – a shining star no more

There was less joy than pain embedded in the first-quarter results of Expeditors, which were released today before the US stock markets opened.
Surprisingly or not, its stock fell over 5% in early trade to $74.6 – it is still about seven bucks above my fair value estimates – to then recoup some of its lost value, and then fall again, confirming that only DSV, somehow, managed to beat the air …

The post Supply chain radar: Expeditors – a shining star no more appeared first on The Loadstar.

Source: The Loadstar

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