The global economy hasn't recovered from the last recession like it did in previous cycles. Shipping and transport stocks are among the first to signal slowing economic growth. Recently FedEx reported its international shipping revenue was down and cut its full-year earnings guidance.
The global economy hasn't recovered from the last recession like it did in previous cycles. Shipping and transport stocks are among the first to signal slowing economic growth. Recently FedEx reported its international shipping revenue was down and cut its full-year earnings guidance.
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