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 ...
The Q2 24 numbers released today by Kuehne + Nagel (K+N), broadly in line with expectations – as I earlier pointed out here – were uninspiring at best.
(Delusional at worst.)
Indeed, there remains plenty of evidence to suggest…
… this was a rather dull mid-summer update.
And that’s base case in our Premium circles, with those in the bear camp going for “very dull” or saying the Q2 update was “awful” (given the Red Sea fillip: worst case), which is harsh, in my ...
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