Freight rate boomerang? 'I absolutely despise the carriers and their behaviour'
BANG! Opportunistic carriers are ‘gonna get some treatment’ when the dust settles
You may be forgiven for thinking that the first-half trading update by Kerry Logistics Network, out a couple of days ago*, was really, really good..
(*Released on 28 August: full report here)
… despite a “slight drop” in earnings (click to expand the table above) – on a comparable H1 24 versus H1 23 basis – for its integrated logistics (IL) unit, which was responsible for just less than one-third of group sales in the first half.
With almost US$2.4bn in H1 24 ...
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