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 ...
We’ll get to that fishy headline shortly, but bear with me for a moment first.
Monday background
Lucky 13, right – who said that?
There was a bit of hope yesterday, 14 June…
… ahead of US trade – “Stock futures rebound, but traders remain wary as S&P 500 drops into bear market” – but that was short-lived.
The three main US index futures up 0.5%-0.9%, the dead-cat-bounce bullishness soon vanished after a disastrous, risk-off Monday.
Another illusion
And then Tuesday 14 June was another day ...
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