3 Shipping Stocks Navigating Toward Year-End Gains

The Zacks Transportation - Shipping industry has performed well in 2024 despite headwinds like lingering supply-chain disruptions, increased operational costs and geopolitical woes. The industry has benefited from an improvement in demand for goods and commodities from pandemic lows.The prevalent tensions in the Red Sea and the resultant limited container availability caused a surge in freight costs. The re-opening of the Chinese economy came as good news for the industry participants. The strong outlook fo ...