Blue Skies Ahead The International Air Transport Association expects record numbers of travels and revenues for the airline industry in 2024. Revenue growth is projected to hit a historic $964 billion, driven by an estimated 4.7 billion passengers. That projection surpasses the 2019 number of travelers, and puts concerns about the pandemic’s lingering effects on…Read more
Pricy Boxes There are rumblings in the cardboard industry, and they’re sending signals about the economy. Cardboard prices are a bellwether for the packaging industry, and in turn consumer demand — and prices are on the rise. It’s the first time cardboard prices have risen since the Federal Reserve’s latest cycle of interest rate hikes…Read more
A New Opportunity This year saw the rise of powerful new weight loss drugs such as Novo Nordisk’s (NVO) Ozempic and Wegovy. But food companies are seeing an opportunity. These new drugs work by suppressing appetites, which has left many investors bearish on food suppliers as more Americans begin taking these drugs. However, savvy food…Read more
