Tariff exposure round-up – Fedex, UPS, CH Robinson & Expeditors
…and the Class I railroads?
Swiss broker UBS disclosed its findings concerning third-quarter logistics trends on Monday in research headed “Global Freight Forwarder Tracker”. For your perusal, here are some key highlights from the bank’s global team of eight analysts, with the broader theme for the current quarter being a return to volume growth in ocean (and road) as well as rates pointing upwards, implying limited downside risk for most, if you trust the bulls.
In particular, UBS said that it expects:
– Volumes to return to ...
Airfreight expected to take a hit from de minimis exemption suspension
Disappointing results for DSV – and Schenker integration will impact revenue
Asia-US box traffic hits an all-time high, boosted by retail front-loading
Chaos swirls in wake of Trump de minimis move
Carriers hope price hikes will hold as spot rates fall in CNY doldrums
Maersk paying $100,000 a day to charter scarce post-panamax box ships
US delays tariffs on Mexico for one month as it starts negotiations
Comment on this article