Ryder System – don't mention the 'I' word
Will 2024 be the trough?
It’s the classic mid-summer Friday.
(Kind of, given where I’m sitting now.)
So let’s forget the numbers and focus on people in and out logistics instead.
Look around
Round-up mode on, before tipping hats, on merit: signs of peak season in ocean are scant. We told you so at the end of May.
Elsewhere, US stock markets rally, despite value destruction musings, as inflation doesn’t seem to worry anybody, maybe confirming the beginning of a deflationary death spiral?
(Worst case, too early to say.)
However, it’s the ...
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