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Companies betting on demand rebound in second half of year, DHL says

Thai News
By Thai News
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  • There will no quick turnaround in demand, but the Global CEO for DHL Global Forwarding tells CNBC that many companies are betting on a rebound in their trade orders during the second half of the year.
  • Current import strength reflects seasonal trends, with wrought iron patio furniture leading goods coming into the U.S.
  • Retailers are still paring down inventories in an extended unwind for the goods economy which Warren Buffett recently said took many of his retail-oriented Berkshire Hathaway companies by surprise.

A cargo aircraft in DHL livery passes near a FedEx livery plane parked at a FedEx regional hub, at Los Angeles International Airport (LAX) in Los Angeles, California, September 16, 2022.

Bing Guan | Reuters

Spring has sprung for U.S. imports, and the trade that is being exported from China is centered on the items you would expect to be selling even in a lower demand environment.

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