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Cooling demand has ended the long run of increasing warehousing costs and nudged the average ...
There have been crazy reports over the weekend about the competition between US states and the US federal government, for air capacity, and PPE and medical equipment. Illinois organised secret flights, so the equipment wouldn’t be seized by the federal government, with the competition between the two contributing to sky-rocketing prices. This article from the South China Morning Post explains the chaos at the other end, in China, where a mixture of good actors and bad are getting involved in the supply of PPE. A fascinating and terrible tale, where immediate (and vast amounts of) cash is king.
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Alex Lennane
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Alessandro Pasetti
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