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5 days ago | 
theloadstar.com | Alessandro Pasetti
Big management changes are under way at CH Robinson Global Forwarding (GF), according to Premium sources. Rewind, two years in… When Dave Bozeman took over as CEO of CH Robinson (CHRW) in June 2023, the most eminent Nasdaq-listed 3PL in America had to change skin. The new commander-in-chief “diagnosed, diagnosed hard” in the early days, looking to drive “profitable growth” across the group.
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1 week ago | 
theloadstar.com | Alessandro Pasetti
Regardless of the bullish narrative* concerning the achievements of Denmark’s Scan Global Logistics (SGL) in the first quarter (Q1 25), disclosed on 20 May, the bullet question in Premium’s marketplace is: how is private equity (PE) really faring in asset-light transport & logistics? (*We don’t have to look any further than here and here.)Let’s look.
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1 week ago | 
theloadstar.com | Alessandro Pasetti
Soon after it emerged that the United States Court of International Trade blocked the Trump Tariffs, the US President earlier today turned to his social media platform to make absolutely clear where…… HE stands. Good Lord That, incidentally, came the day after my ex-colleague Robert Armstrong, now with the Financial Times, was picked up by CNBC and multiple press agencies (well done, Rob!) because yesterday he coined the acronym “TACO” – Trump Always Chickens Out.
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1 week ago | 
theloadstar.com | Alessandro Pasetti
Let’s get our weekly dose of back and forth between Expeditors and its accuser…With love, from the district court of Massachusetts; and with a twist, this time around, as the forwarder from Seattle unusually reacted ahead of a Zoom call that is scheduled to be held today at 10am EST between the parties. ’Improper fishing expedition’As the “M.
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1 week ago | 
theloadstar.com | Alessandro Pasetti
Oh, yes.
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2 weeks ago | 
theloadstar.com | Alessandro Pasetti
Signs. (Or sighs?!)First off There are a few takeaways drawing from today’s announcement that DSV’s lagging rival in M&A and on the stock market, Kuehne + Nagel (K+N) from Schindellegi, has agreed to acquire Spanish trucker Transporte y Distribución Nacional (TDN).
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2 weeks ago | 
theloadstar.com | Alessandro Pasetti
After looking at domestic rival Home Depot, today’s the turn of DIY specialist Lowe’s, another major America importer by sea on the transpacific eastbound. In a call with analysts that yesterday followed the release of fiscal Q1 25 numbers – that were broadly in line with expectations for earnings and revenues, while Lowe’s confirmed guidance (just as Home Depot did) – management reassured investors that business is progressing according to plan.
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2 weeks ago | 
theloadstar.com | Alessandro Pasetti
Forward Air (FWRD) again topped the Worst Performers’ List in our US demo portfolio during a choppy session of trade yesterday, as complacency…… suddenly turned into fear…… surprising even the wisest and most experienced investor*, as you can tell from the table above.
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2 weeks ago | 
theloadstar.com | Alessandro Pasetti
’Winning As One’ is the mantra for DSV Schenker after the closing of a merger of equals that needs all the boost it can get now to convince investors that…… the New DSV is the best bet in the current market, even at current prices. I hear you, this is a long-term ’value story’ driven by M&A. But also spare a moment for those who jumped on Old DSV’s bandwagon as shareholders near peak at Dkr1,696 on 23 September 2021. The wait has ...
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2 weeks ago | 
theloadstar.com | Alessandro Pasetti
Every little helps. While a key CSX executive at a Wolfe Research event held yesterday in New York talked of nearly one million loaded containers* ready to be shipped from China to the US, DIY mammoth Home Depot – a major ($375bn-market-cap) sea importer on the eastbound transpacific – shared insight on ’pull-forward’, inventory and tariffs in the call with analysts that followed the release of fiscal Q1 25 numbers for the three months ended 4 May. (*More here under ’Trade’.)Here below ...
