Air forwarders face financial uncertainty – but 'there are opportunities'
Forwarders will be reducing their financial forecasts for the year, as “uncertainty has an adverse ...
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Oh, yes! Just what the doctor ordered.
I don’t know if it’s only me thinking aloud after a start to earnings season that had credit/counter-party risk high up in my pecking order or maybe we all think the same. But yesterday’s announcement that Flexport Capital* – rather than Flexport itself – had secured a $200m credit line from private equity powerhouse KKR is symptomatic of two things.
(*To know how it works in principle, please “meet Janet“; Flexport Capital mostly operates like any captive ...
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