Prologis: the election, not port strikes, is the biggest risk
Not out of the woods yet
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© Graham Bush
| Dreamstime.com
“If there’s one vertical freight forwarders are keen to do business in, that is aerospace and defence (A&D), it requiring know-how and expertise where top dollar can be made. The automotive sector? It’s not so much in vogue these days, regardless of EV-related long-term trends.”
Those were the remarks of a senior forwarder yesterday, who bluntly downplayed the short-term upside to Q3 24 earnings for major asset-light actors, despite consensus suggesting plenty of benefits (stemming from the Red Sea crisis) that ...
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