Auto trade resilience explained
Not all verticals are created equal
Sources in the container shipping industry are closely watching the latest development of many of their counter-parties in the freight forwarding trade, with ocean market leader Kuehne + Nagel drawing the attention of most of my contacts, for obvious reasons.
“K+N is cutting the fat to the bone in order to grow more aggressively, mainly in ocean as well as in air freight,” said the executive of a major rival freight forwarder this week.
“It will be organically and inorganically, but do ...
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