M&A radar: Here's why savvy UPS snapped up Roadie
That’s a big deal, and not a drone in sight.
Photo 47723551 / Monkey Money © Mike_kiev | Dreamstime.com
Right now, it doesn’t take a lot of skill to make money flying freighters. Passenger belly capacity remains down significantly, demand has held up remarkably well and has been bolstered by “essential goods” such as PPE, test kits and as well as the fact that shipping capacity has become increasingly unreliable and expensive. Consequently, air cargo rates are at more than twice normal levels. Freighters, which normally carry around half of global airfreight are now moving about 70% of global ...
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