Panjiva Daily: Deals ahead, stability behind for freight forwarders; Europe puts steel in its demands — Panjiva
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Panjiva Daily: Deals ahead, stability behind for freight forwarders; Europe puts steel in its demands

Global 722 Panjiva Daily 247

The freight forwarding sector likely saw profit margins stabilize in 4Q, but the road ahead includes the prospect of consolidation deals and the U.S.-China trade war’s fallout. The EU demands an end to U.S. steel tariffs before starting talks. Also: Orient Overseas ready to invest after growing quicker than the rest of Cosco Shipping; TSMC cuts its outlook and blames trade war uncertainties; India joined China and South Korea with a drop in trade activity in December; JB Hunt missed out on the pre-tariff traffic boom; Fastenal’s slow inventory turn makes for slow tariff effec...

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