Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
Swiss broker UBS disclosed its findings concerning third-quarter logistics trends on Monday in research headed “Global Freight Forwarder Tracker”. For your perusal, here are some key highlights from the bank’s global team of eight analysts, with the broader theme for the current quarter being a return to volume growth in ocean (and road) as well as rates pointing upwards, implying limited downside risk for most, if you trust the bulls.
In particular, UBS said that it expects:
– Volumes to return to ...
Comment on this article