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5 Aug 22

Updated: 6 Aug 22

Fat FedEx fleeces
users & suppliers  

Giant overcharges delivery
& underpays contractors

A FedEx contractor leading a group charge for higher per-stop pay called Ground division CEO John Smith’s stern response to the alliance “tone-deaf,” as tension builds between leadership and independent delivery providers. This behaviour seems typical from the 'cartel' participant overcharging customers and underpaying suppliers...

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4 Aug 22

Updated: 5 Aug 22

X P O  Logistics
loses mkt share

Huge price hikes boost
disguise volume decline

Transportation leader XPO Logistics' brash expansionist ceo Brad Jacobs has reversed his broadcast plans for an acquisition spree and is now spinning off divisions. Meanwhile, in spite of bullish tones, Q2'22 volumes are in decline, only saved by huge price increases

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4 Aug 22

Updated: 5 Aug 22

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4 Aug 22

Updated: 5 Aug 22

Resolute not so
resolute in tissue

Wood/pulp product prices
boost strong sales growth

Resolute Forest Products (recently sold to Asia Pulp & Paper) the leading Canadian paper, pulp and tissues maker reported inflation boosted Q2'22 financial results. Core paper & tissue sales were weak, over compensated by strong demand for wood and pulp inc. higher prices

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4 Aug 22

Updated: 10 Aug 22

Alibaba's advance
decelerates to flat

New services mirror AMZN
initiatives in Alexa & Cloud

China's Alibaba the $130Bn+ in sales, MCommerce giant reported its slowest growth rate ever in Q2'22. ceo Daniel Zheng provided details of new services in cloud, grocery delivery & VA ordering that copycat Amazon's innovations. Surely it has abandoned US trading plans in conjunction with diminished Depot by now?

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4 Aug 22

Updated: 4 Aug 22

Cascades Tissue
& Pkg price hikes

Containerboard capacity
investment in Bear Island

Cascades the leading Canadian tissue & packaging board maker reported inflation boosted results in Q2'22. CEO Mario Piourde's 
optimism was dented by Covid's negative affect on business tissue sales but balanced by stronger packaging demand especially in foodservice

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4 Aug 22

Updated: 4 Aug 22

Arrow maintains
IT's sharpness

Global components sales
soar inc.huge price hikes

Arrow Electronics, the $36Bn in sales global provider of IT products, services reported strong sales growth from a tough market in 2019/20 . The new ceo Sean Kerins commented on the growth in global components fueled by higher prices. 

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4 Aug 22

Updated: 4 Aug 22

Insight recovers
market share?

Strong sales in USA/APAC
Weaker rebound in Europe

Insight Group ceo Joyce Mullen reported a continued strong rebound in organic sales in Q4'21. The group lags leading IT resellers e.g. CDW, Computacenter, Softcat & Synnex. There are signs of sustained growth over the past year as it plays catch up....

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4 Aug 22

Updated: 4 Aug 22

Iron Mount'n scales
service price hikes 

Major acquisitions disguise
dull, real volume progress

Iron Mountain ex-global leader in document services reported steady Q2'22 results. CEO Bill Meaney's opaque, minimalistic but hyped up reporting seems geared to disguise reactionary late moves in digital & cloud storage. Acquisitions and high price increases continue to hide real volume progress....

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4 Aug 22

Updated: 4 Aug 22

Wayfair wayward;
volumes in freefall

Delivery & inventory issues
offset high price inflation

Wayfair, the $12Bn US/UK home & office furnishings etailer, reported its 5th consecutive quarter sales decline in Q2'22. The Covid lockdown proved a huge WFH sales boost to business customers, now in freefall. Can ceo Niraj Shah turnaround its fortunes? 

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