Cleaning equipment maker Nilfisk reported a 5.8% year over year drop in Q4’20 revenues on reduced demand from offices and public spaces. The firm’s U.S. seaborne import activity increased by just 0.1% in Q4’20 before falling by 12.5% in the first two months of 2021. The firm also faces higher freight costs with CFO Prisca Havranek-Kosicek noting ocean freight “rates are sometimes 300%, 400% of what we used to see” and that they will “definitely be a headwind in the first half of the year.” Other importers of industrial cleaning equipment had struggled, for example imports linked to Tacon...