Ecommerce traffic will help ward off new threats to air cargo demand
Volatility in the airfreight industry is likely to persist, warned forwarders this week, as a ...
JBHT: STATUS QUO GM: PARTNERSHIP UPDATEEXPD: NOT SO BULLISHEXPD: LEGAL RISK UPDATE WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADE
JBHT: STATUS QUO GM: PARTNERSHIP UPDATEEXPD: NOT SO BULLISHEXPD: LEGAL RISK UPDATE WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADE
REUTERS reports:
Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, an executive at the global carrier said on Wednesday.
“We predict anywhere between 5 and 7% (growth) overall,” Charles van der Steene, regional president for North America at Maersk, told Reuters. “And at this stage, there’s nothing that would indicate that it could not be the case,” he said on the sidelines of the Reuters NEXT conference.
Houthi attacks on vessels in the Red Sea and “resilient” demand from U.S. companies will continue to spur consumption, he said. The United States is Maersk’s largest market by sales…
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