Back to $GND

been holding gnd for a bit and the shipping cycle is pretty brutal right now, container rates are in the fl…by @thuli_dd on $GND

TH
Thuli N.@thuli_dd·Neutral

been holding gnd for a bit and the shipping cycle is pretty brutal right now, container rates are in the floor compared to 2021-2022 when they were printing money. looking at the h1 results the freight forwarding side is carrying more weight but margins compressed. think the real question is whether they can hold r26.89 or if we're heading lower before the cycle turns, most logistics plays globally are getting punched in the face this year.

View