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Not all shippers are created equal. Ask the loan bankers, and many will single out automotive and mining/commodity-related industries as those to which they are now unwilling to extend the levels of credit they did in the heyday of quantitative easing.

Credit tightening is a pretty relevant matter, in particular for asset-light transport operators whose working capital management is under scrutiny, as stress in the supply chain continues to build at a time when freight forwarding sources talk of “harder times to ...

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