SHPP - How The Freight Sector Could Benefit As Companies Look To Restock Inventories
2024-02-22 19:40:00 ET
Summary
- The restocking trend for 2024 vs. the destocking trend for 2023.
- What companies restocking could mean for freight and rail companies?
- Red Sea disruptions and a weakened supply chain. What it means for freight?
The global shipping industry has been stuck in a so-called freight recession as companies worked through bloated inventories. However, many have now begun to replenish those supplies. Juliana Faircloth, Vice President for Portfolio Research at TD Asset Management, discusses the implications for transportation stocks with MoneyTalk's Greg Bonnell....
How The Freight Sector Could Benefit As Companies Look To Restock Inventories