In this week’s podcast, Nucleus Wealth Chief Investment Officer Damien Klassen and Senior Financial Adviser Samuel Kerr look through last year’s darlings who have seen shipping rates crater – the logistics companies.
After riding on the highs in 2021 and 2022, shipping rates crashed 80%.
Market participants talk about a trucking recession in rates. Yellow, a major US trucking company, went bust. Is it time to re-look at the sector?
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