I have to agree this is right on the money. Thanks for the tip about Flexport. Thanks for the Goldman report. What stands out to me is freight demands high revenue. Its not cheap to move freight globally hence the revenue numbers. In my view and do your own research acquisitions are a cheeky way of continuing YOY growth balance sheets. I remember when I was in the freight game there is very little margin between forwarders, however they get the job the revenue goes towards the balance sheet making them look good. Point is ... Its hard to make money. Its easy to report nice revenue figures. I am still looking at the last AR the core management look to be pulling large $$. For me I do not mind acquisition however would like to see organic growth at the same time. Just my thoughts and do your own research.
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I have to agree this is right on the money. Thanks for the tip...
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