Forwarders positive of recovery despite weak season ahead
EUROPE’s freight forwarders predict a weaker summer market for cargo volumes, but industry sentiment still points towards an “intact” recovery, the latest monthly index by Danske Bank said.
The European Freight Forwarding Index for June is “holding up for the current situation, where expectations trend lower”, report author Johannes Moller said, adding: “This is most likely due to seasonality, and we expect an improvement next month.”
The index...
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