A lengthy boom in demand for logistics services and elevated shipping rates have led to an increased degree of confidence among the freight forwarding firms. DSV Panalpina has upgraded its 2021 EBIT forecast by 4.3% while UPS has set a revenue growth target equivalent to as much as a 14.0% expansion through 2023. The expansion in demand can be seen in U.S. seaborne imports which rose by 47.1% year over year in May and climbed by 18.3% versus May 2019. Shipments linked to DSV Panalpina and UPS performed close to average year over year, though UPS also expanded by 45.7% in May 2021 versus ...