express04

US-based FedEx and Germany’s Deutsche Post-DHL have been in the spotlight recently. The former is preparing a succession plan for the post-Fred Smith era, while the latter announced the bolt-on purchase of UK Mail for around £250m last week.

As they remain on a solid financial footing, these two transport and logistics behemoths – seemingly unfazed by the challenge posed by Amazon – both have several irons in the fire, notwithstanding fundamentals and growth prospects that hardly justify their rich equity valuations, ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.