The covid repercussions of shipping on the stock market are still moaning
The shipping industry was one of the big winners of the coronavirus alongside internet companies. Although there was still a huge setback during the first wave, the importance of deliveries increased over time as people were more or less locked in between the four walls, but because of the stimulus (or even that) they had the money they wanted to spend. Everyone assigned everything that demanded the services of companies, especially Fedex and UPS, soared, and the sudden economic downturn recovered within a few quarters, even if steroids were needed. By now, however, the trend seems to be suffocating, in fact: with the disappearance of the rougher waves, the dice have turned. It is important to note that not everyone in the sector has done so well. Although the airline sector is part of the sector, it is an exception due to its activities, as the urge to travel and even more so during the epidemic has fallen very sharply. The situation is similar with ride-sharing providers like Lyft or Uber.
Related news
There were fewer capitalists and the real value of capital income also decreased in 2023
According to NAV data, in 2023 the number of people…
Read more >NKFIH launches project to stimulate SMEs
A new project of the National Research, Development and Innovation…
Read more >Turn 2024 – Rise of active individual entrepreneurs
The number of sole proprietorships grew dynamically in 2024, while…
Read more >Related news
NGM: the government fulfilled its commitment, inflation decreased to 3.7 percent in 2024, which will decrease even further in 2025, to 3.2 percent
The government fulfilled its commitment, bringing down inflation, which had…
Read more >KSH: prices exceeded the values of the same period of the previous year by 4.6 percent in December and by an average of 3.7 percent in 2024
In December 2024, consumer prices exceeded those a year earlier…
Read more >Shell Hungary survey reveals new trends in digital shopping
Smartphones have become an integral part of our daily lives,…
Read more >