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Ocean carriers print money; what comes next? — The Stockout

Can carriers keep making extreme profits?

Mike Baudendistel hosts ocean shipping expert Josh McCown on this episode of The Stockout to talk about carriers maxing out their profits thanks to extreme ocean congestion. 

The two discuss whether the profit surge is sustainable and where carriers go next. They also touch on how carriers plan on investing all the cash and whether shareholders will see some incentive down the road. 

You can find more episodes of The Stockout and recaps for all our live podcasts here.

Kaylee Nix

Kaylee Nix is a meteorologist and reporter for FreightWaves. She joined the company in November of 2020 after spending two years as a broadcast meteorologist for a local television channel in Chattanooga, Tennessee. Kaylee graduated from the University of Oklahoma in 2018 and immediately made the Tennessee Valley her home. Kaylee creates written summaries of FreightWaves live podcasts and cultivates the social media for FreightWaves TV.