Bernstein: 'Worry on the waves' ahead of Europe's earnings season
Magic Four update
In its June 2024 update, DHL Global Forwarding says that “pick up in demand has taken the market by surprise, leading to a shortage of containers and capacity”.
Moreover:
– “Containership diversions to the Cape route remove another 7% of the total capacity.”
– “Despite a record increase in nominal capacity from new deliveries, effective demand currently exceeds it.”
– “Container shortage has ...
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