BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
Analysts have started the year with a penchant for the bearish.
Cracks
I didn’t even have the time to put my feet under the table when, on Evocative Tuesday 3 Jan, Bernstein issued a note to investors in which it argued that for “EU Logistics”, 2023 is “The year the bullwhip cracks”.
In a nutshell, the prominent sell-side house wrote that:
“If any sector won the pandemic, it was logistics. For two years, European logistics companies beat every individual Stoxx 600 sub-sector. In 2022 ...
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Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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