K+N started the freight forwarders’ 2Q reporting season with a 7% rise in revenues, following two down-quarters and inline with analysts’ estimates. Seafreight handling climbed 7%, though its rate performance was modestly below the market on average. Airfreight volumes meanwhile jumped 21%, well ahead of the global market. The company remains cautious though, citing markets in air and seafreight that will “remain demanding and volatile”. Analysts appear confident for the sector broadly though, with average revenues for the forwarders expected to rise 4% on a year earlier in the second...