Major logistics firms expect higher rates to increase earnings despite uncertain 2022
Sea freight volumes dived in Q1, and the economic growth is threatened, but logistics companies Kuehne + Nagel and DSV still predict that bottlenecks and high freight rates will ensure strong earnings for the rest of 2022.
by JENS THOMSEN
DSV and Kuehne + Nagel expect that continued bottlenecks and high rates on the freight market will bring them more than unharmed through a 2022 that appears increasingly dark for the world economy as a consequence of the Covid-19 pandemic and Russia’s attack on Ukraine.
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