Forward Air – hoping it doesn't get any worse...
Highly distressed
Poor market conditions are making the logistics industry, and air cargo, more attractive to outside investment.
“We love the market right now,” said Andy Popovich, chief executive of Ventus, an infrastructure investment and asset management firm.
“When there is ’blood on the street’ – a low-rate market such as this, you can do deals. Air cargo hasn’t been blessed with capital-chasing deals. But we can create value, drive the industry forward.”
Jos Jacobsen, MD of ACL Airshop, agreed now was a good time ...
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