Chinese stimulus plan – defend and spend
Don’t burst the bubble…
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
Lufthansa Cargo yesterday warned that the slump in China’s stock market could see further lows in the air cargo industry – already suffering some of the lowest rates since 2009 on Asia-Europe, as capacity outweighs demand. Calling the 20-30% slump in China’s stock market a “medium earthquake”, LC chief Peter Gerber warned that air freight would be the first to suffer. But, notes Cargo Facts succinctly, China’s stock market is also up 75% from a year ago. Has that led to a surge in air freight demand? Not so much. Maybe China’s financial markets and air freight have a looser relationship than Lufthansa Cargo believes…
Comment on this article