While major companies have recently signalled a cut in orders for the second half of the year, a weak summer air freight market picked up in August, leading to some optimism for a peak season.
Big retailers, including Walmart and Target which had brought forward orders, are now looking at discounting stocks and cancelling further orders, while Newell Brands, distributor of major brands, including Sharpies, Yankee Candle, Parker and Rubbermaid, said …
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