Comment / 'Running on empty'

ID 106546263 © Ayome Watmough | Dreamstime.com

Holding patterns. On multiple levels.

And not just because the traditionally slow year-end holiday season is upon us.

With 2024 another year of reckoning in transport and logistics, it’s in the profit estimates as well as market talk.

Depressing or maybe not?

Let’s look.

Asset-light

Ocean carriers are a bit screwed, we probably all know that, as far as projections for earnings are concerned. Depending on their accountants’ ability to prevent large asset impairment, the impact on their balance sheets will vary.

Looking for the trough in the ...