Despite a blip, North Europe container spot rates are still heading south
The North Europe component of the Freightos Baltic Index (FBX) unexpectedly jumped 9% today. This propelled ...
All the way.
Gift and lift
Another calendar quarter gleefully wrapped up yesterday, and make no mistake: Q2 22 will likely be remembered as one of the hottest ever stretches in asset-light/heavy transport and logistics (T&L).
The sector is now faced, across its multiple subsets, with a growth/earnings risk cliff of epic proportions, if certain bearish estimates are met.
As we duly prepare to welcome a host of T&L firms reporting from later this month when, Stateside, trucking and intermodal player JB Hunt opens ...